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CHAPTER 1 - Definition | Califonrnia Civil Code - CIV | Section 1550.

1550. It is essential to the existence of a contract that there should be:

1. Parties capable of contracting;

2. Their consent;

3. A lawful object; and,

4. A sufficient cause or consideration.

(Enacted 1872.)

Section: Previous  1549  1550  

Last modified: July 19, 2016