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WAEC Commerce 1995 Question 79

Question 79

Law of Contract

Which of the following makes for a valid contract?

  1. A.Discharge and performance
  2. B.Offer and acceptance
  3. C.Age and maturity
  4. D.Promise and capacity
  5. E.Consideration and frustration
Show the answer and explanation

Answer: B (Offer and acceptance)

Explanation

Offer and acceptance are basic elements of a valid contract.