Contracts & ExecutionQuestion 792 of 1605
Which of the following is NOT one of the essential elements required to form a legally enforceable contract?
a.Consideration (something of value exchanged)
b.A notarized signature from each party
c.A lawful object and capable parties
d.Mutual consent (offer and acceptance)
Explanation
The essential elements of a contract are competent (capable) parties, mutual consent, a lawful object, and consideration. Notarization is not an essential element; most contracts are fully enforceable without a notary. A notary merely verifies identity for certain recorded documents. Many valid contracts, including most construction contracts, are enforceable when signed without any notarization.
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Reviewed by Abraham Chen — Licensed California General Contractor (CSLB License #1101856 — verify)