Essential elements of a contract
It is essential to the existence of a contract that there be:
(1) identifiable parties capable of contracting;
(2) their consent;
(3) a lawful object; and
(4) a sufficient cause or consideration.
| EnactedEn. Secs. 2091, 2102, Civil CodeCiv. C. 1895 |
| ReenactedRe-en. Secs. 4966, 4969, RevisedRev. CodeC. 1907 |
| ReenactedRe-en. Secs. 7468, 7471, Revised Codes of MontanaR.C.M. 1921 |
| CaliforniaCal. Civil CodeCiv. C. Secs. 1550, 1558 |
| Field Code of New YorkField Civil CodeCiv. C. Secs. 745, 748 |
| ReenactedRe-en. Secs. 7468, 7471, Revised Codes of MontanaR.C.M. 1935 |
| Revised Codes of MontanaR.C.M. 1947, 13-102, 13-203 |
| AmendedAmd. SectionSec. 11, ChapterCh. 117, Laws ofL. 1979 |