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.

1 year ago

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

1 year ago