New Year Sale Special Limited Time 70% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: xmasmnth

What are five essential elements of a legally binding contract?

  1. Home
  2. CIPS
  3. CIPS Level 4 Diploma in Procurement and Supply
  4. L4M3
  5. L4M3 Questions
  6. Commercial Contracting Practice Questions

What are five essential elements of a legally binding contract?

A.

Offer, acceptance, compensation, ability, correct form

B.

Offer, agreement, consensus, capacity, correct form

C.

Offer, acceptance, consideration, capacity, correct form

D.

Offer, acceptance, mediation, capacity, contract

CIPS L4M3 View All Questions

CIPS L4M3 Summary

  • Vendor: CIPS
  • Product: L4M3
  • Update on: Dec 17, 2025
  • Questions: 233
Price: $52.5  $149.99
Buy Now L4M3 PDF + Testing Engine Pack
Next
A procurement manager is preparing a long-term contract with a major supplier.
What are disadvantages of a buyer contracting on the supplier's terms?
Previous

Payments We Accept

Your purchase with ExamsVCE is safe and fast. Your products will be available for immediate download after your payment has been received.
The ExamsVCE website is protected by 256-bit SSL from McAfee, the leader in online security.

examsvce payment method

Contact Us

Copyright © 2013-2025 examsvce.com. All Rights Reserved
mcafee secure

TESTED 17 Dec 2025