Agreement - A deal between two or more people that explains what each person will do., Offer - A suggestion made by one person to another to make a deal., Acceptance - When someone agrees to the offer, making it a valid contract., Consideration - Something of value exchanged between parties, like money or services., Capacity - The legal ability to enter a contract, typically requiring legal age and mental competence., Legality - The requirement that the contract must be about something legal., Breach - When one party does not follow the terms of the contract., Damage - Money paid to someone because they lost something due to a breach of contract., Void - A contract that is not valid from the start because it is illegal or one party can't make a contract., Voidable - A contract that can be canceled by one party if certain conditions are met.,

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