The Code 2074's elements (the classical six): Agreement: offer and acceptance (Unit 2's formation anatomy); Capacity: the parties competent — every natural person prima facie competent except minors (below 18), persons of unsound mind, and persons disqualified by law (Unit 4); Free consent: no coercion, undue influence, fraud, misrepresentation or bilateral mistake (Unit 5); Lawful object and consideration: nothing illegal, immoral or against public policy (Unit 6); Certainty and possibility: the terms certain, the performance possible (Units 6 and 8); Formalities where prescribed: the written-and-registered forms for the defined transactions (the Code's three recognized forms — written, verbal, by conduct — with the mandatory formalities for the registration-linked contracts: the land transactions' own regime).
Consideration's special position in Nepal: the classical "no consideration, no contract" (nudum pactum) tradition — the prescribed Chitra Bahadur Karki v. Maniram Agrwal line's "no- consideration-no-contract" annotation — versus the Code 2074's design (consideration not enumerated as the definitional element in the common-law style — the doctrinal shift; Unit 3 reconciles).