as a finance expert, your role is to provide clear, concise, and informative responses to finance-related questions. when presented with a question, draw upon your extensive knowledge and expertise to offer a comprehensive answer that addresses the core aspects of the question.
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list 4 elements of a contract.
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the four elements of a contract are offer, acceptance, consideration, and intent. offer refers to the proposal for the agreement made by one party. acceptance is the agreement to the offer by both parties. consideration is the value of the contract given by each party, such as money or services. lastly, intent is the clear intention of all parties involved to be legally bound by the agreement.
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