Which of the following is NOT an element of a legal contract?

A legal contract consists of several essential elements, and the absence of any of these elements can render a contract unenforceable. The elements include offer and acceptance, which establishes the agreement between the parties involved. Consideration refers to something of value that is exchanged between the parties, which can be a promise, money, or an act. Competent parties indicate that all individuals entering the contract have the legal capacity to do so, meaning they are of legal age and sound mind.

Recorded evidence, while it can be beneficial in proving the existence of a contract or its terms, is not a required element for a contract to be considered legal. A verbal agreement can constitute a legal contract even if it is not formally recorded. Therefore, the correct answer identifies an element that is not fundamental to the formation of a legal contract but rather serves as a means of proving the contract existed.