{"code":"CIV","codeName":"Civil Code","section":"1550","citation":"Civ. Code, § 1550","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 3. OBLIGATIONS [1427. - 3273.91.]","url":"https://blackletter.si/civil-code/division-3"},{"name":"PART 2. CONTRACTS [1549. - 1701.]","url":"https://blackletter.si/civil-code/division-3/part-2"},{"name":"TITLE 1. NATURE OF A CONTRACT [1549. - 1615.]","url":"https://blackletter.si/civil-code/division-3/part-2/title-1"},{"name":"CHAPTER 1. Definition [1549. - 1550.5.]","url":"https://blackletter.si/civil-code/division-3/part-2/title-1/chapter-1"}],"history":"Enacted 1872.","effective":null,"html":"<p>It is essential to the existence of a contract that there should be:</p><p>1. Parties capable of contracting;</p><p>2. Their consent;</p><p>3. A lawful object; and,</p><p>4. A sufficient cause or consideration.</p>","text":"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.","otherVersions":[],"url":"https://blackletter.si/civil-code/definition-1550","source":"California Legislative Information bulk export (pubinfo)"}