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Unformatted text preview: the open- minded offer must use for a legal purpose and the parties that introduce the contract must intend to have legal relations and understand the agreement can be enforce by the law. The contract doesn’t have to expressly state that you understand also, devote legal consequences to follow which if the parties to a contract want to not be legally forced this must be clearly stated in the contract. Consideration is a main factor of a valid contract which consideration consists of a benefit to the promisor detriment to the promisee and it consists of benefit , interest and profit which it is not necessary for a contract to be supported by monetary consideration also, in order for a contract to be essential it maybe supported by important consideration which means one party promise to do something in return for a promise from the other party to keep a benefit of value....
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