As a professional, it is crucial to write articles that provide valuable information to readers while also optimizing for search engines. In this piece, we will explore the 10 essential elements of a valid contract, a topic that is important for both individuals and businesses.

1. Offer and acceptance: A valid contract must involve an offer made by one party and accepted by the other party. The offer must be clear, specific, and communicated to the other party in a timely manner.

2. Intention to create legal relations: Both parties must intend to create a legally binding agreement. This means that the agreement must not be made in jest or for social purposes.

3. Consideration: Each party must receive something of value in exchange for their promise or performance under the contract. Consideration can be in the form of money, goods, services, or a promise not to do something.

4. Capacity: Both parties must have the legal capacity to enter into a contract. This means that they must be of legal age, mentally sound, and not under the influence of drugs or alcohol.

5. Consent: Each party must freely and willingly agree to the terms of the contract. Any coercion, fraud, or misrepresentation will invalidate the contract.

6. Legality: The contract must not be illegal or against public policy. For example, a contract to commit a crime or violate employment laws would be unenforceable.

7. Certainty: The terms of the contract must be clear and certain. This includes the price, delivery date, and any other important details.

8. Possibility of performance: The terms of the contract must be capable of being performed. For example, a contract to deliver a unicorn would not be possible to perform and therefore would be invalid.

9. Formalities: Some contracts require certain formalities to be valid, such as a written agreement or a notarized signature. These requirements vary by jurisdiction and type of contract.

10. Entire agreement: The contract must be a complete and final agreement between the parties. Any prior or contemporaneous agreements not included in the contract will not be enforceable.

By understanding these 10 essential elements of a valid contract, individuals and businesses can ensure that their agreements are legally enforceable and protect their interests. Copy editors experienced in SEO can use this information to create informative articles that are optimized for search engines and provide value to readers.