1. at least two parties, 2. each party has something of value to the other party,3. each part is capable of communication and delivery, 4. each party is free to accept or reject, 5.

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1. 1. at least two parties, 2. each party has something of value to the other party,3. each part is capable of communication and delivery, 4. each party is free to accept or reject, 5.