Contracts
Which of the following is NOT a required element of a valid real estate contract in Massachusetts?
ACompetent parties
BConsideration
CWritten form for all contracts✓ Correct
DMutual assent (offer and acceptance)
Explanation
While real estate contracts must generally be in writing under the Statute of Frauds to be enforceable, 'written form for all contracts' is not a required element of contract validity itself — it is an enforceability requirement. The four elements of a valid contract are competent parties, consideration, mutual assent, and lawful purpose.
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