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What's the anatomy of a
contract agreement?

While the topic of contract law can quickly get complicated with
legal jargon, the structure of a contract agreement comes down to
four essential elements:

Offer

An offer is when a party promises a specific action or nonaction in the future to another party.

Consideration

Consideration is the value exchanged by each party when entering an agreement.

Acceptance

Acceptance is the unmistakable agreement to the terms of the offer.

Mutuality

Mutuality is the expectation that the promises exchanged by each party are either upheld or rejected by all parties.