Question: What terms must a contract include? The consideration to be paid and the time of payment, delivery, or performance. The identification of the parties, and

What terms must a contract include?
The consideration to be paid and the time of payment, delivery, or performance.
The identification of the parties, and the identification of the object or subject matter of the contract (also the quantity, when appropriate), including the work to be performed.
The work to be performed, with specific identification of such items as goods, services, and land, and the consideration to be paid.
The identification of the parties; the identification of the object or subject matter of the contract, including the work to be performed, with specific identification of such items as goods, services, and land; the consideration to be paid; and the time of payment, delivery, or performance.

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