WAEC Commerce 2011 Question 9

Question 9

Law of Contract

Which of the following are elements of a valid contract?

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

Answer: B (Offer and acceptance)

Explanation

Offer and acceptance are basic elements of a valid contract.