What are the essential elements of a valid contract in Australia?

What must be present for a contract to be considered legally binding in Australia?

Category: Drafting & Documentation
Location: Asia

Answers

The essential elements of a valid contract in Australia are offer, acceptance, intention to create legal relations, and consideration.

11 months ago

Both parties must also have the legal capacity to enter into the contract and the contract must be for a legal purpose.

11 months ago