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Under Georgia law, a valid contract requires:

Correct Answer

B) Offer, acceptance, consideration, legal purpose, and capacity

A valid contract in Georgia requires offer, acceptance, consideration, legal purpose, and capacity of the parties.

Answer Options
A
Notarization
B
Offer, acceptance, consideration, legal purpose, and capacity
C
Court approval
D
Two witnesses
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Related Topics & Key Terms

Related Topics:

statute-of-fraudsreal-estate-contract-executioncontract-breach-and-remediescapacity-in-real-estate-transactions

Key Terms:

contract validityoffer and acceptanceconsiderationlegal capacityGeorgia contract law
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