2022 Georgia Code
Title 13 - Contracts
Chapter 3 - Elements and Formation Generally
Article 1 - General Provisions
§ 13-3-1. Essentials of Contracts Generally

To constitute a valid contract, there must be parties able to contract, a consideration moving to the contract, the assent of the parties to the terms of the contract, and a subject matter upon which the contract can operate.

History. Orig. Code 1863, § 2682; Code 1868, § 2678; Code 1873, § 2720; Code 1882, § 2720; Civil Code 1895, § 3637; Civil Code 1910, § 4222; Code 1933, § 20-107.

Cross references.

Formation of contracts under Uniform Commercial Code, § 11-2-204 .

Acceptance of offer under Uniform Commercial Code, §§ 11-2-206 , 11-2-207 .

Consideration is essential to a contract, § 13-3-40 .

Correlation of capacity to contract with capacity to make will, § 53-2-21.

Law reviews.

For article discussing interpretation in Georgia of insurance policies containing evidentiary conditions, see 12 Ga. L. Rev. 783 (1978).

For annual survey of law of business associations, see 56 Mercer L. Rev. 77 (2004).

For comment on Georgia Power Co. v. Roper, 73 Ga. App. 826 , 38 S.E.2d 91 (1946), see 9 Ga. B.J. 89 (1946).