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In most cases, an enforceable contract has to include consideration, which __________. is defined as an offer extended from one party to the other must be morally or economically adequate to make the bargain a fair one must be an exchange of legal value between the parties to the agreement means that both parties have full mental capacity to form an agreement

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An enforceable contract must include consideration that must be an exchange of legal value between the parties to the agreement.

What is an enforceable contract?

Corresponds to a document where there are two or more parties who share the same rights and duties under the law. To be valid, it must follow a series of fundamental requirements, such as:

  1. Capacity
  2. Legality
  3. Proper Consideration

Therefore, an enforceable contract will determine the mutual responsibilities of both parties in relation to a legal agreement.

Find out more about enforceable contract here:

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