Matching Pairs Contract Elements MatchOnline version Test your knowledge of contract elements by matching key concepts. by Nicole 1 Offer 2 Legal Purpose 3 Legal Capacity 4 Genuine Assent 5 Acceptance 6 Mutual Consent 7 Writing Requirement 8 Consideration Something of value exchanged in a contract Agreement by both parties to the same terms Contract must be lawful and not against public policy Ability to enter into a contract Agreement to the terms of the offer Some contracts must be in writing to be enforceable Initial proposal in a contract True and complete agreement between parties