Contracts
Texas contract law holds that a contract for the sale of real estate must have four essential elements. Which of the following is NOT one of them?
ACompetent parties
BOffer and acceptance
CA written signature from a notary✓ Correct
DConsideration
Explanation
The four essential elements of a valid contract are: competent parties, offer and acceptance (mutual assent), consideration, and lawful purpose. While Texas contracts must be in writing to be enforceable under the Statute of Frauds, a notary signature is not an element of contract validity.
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