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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.)
Structure California Code
California Code
Civil Code - CIV
DIVISION 3 - OBLIGATIONS
PART 2 - CONTRACTS
TITLE 1 - NATURE OF A CONTRACT
CHAPTER 1 - Definition
Section 1549.
Section 1550.
Section 1550.5.