What is considered essential information affecting contract validity?

Material facts are considered essential information affecting contract validity because they provide the necessary context and substance for a contract to be legally binding and enforceable. In any agreement, these facts encompass key details that influence the parties' decisions to enter into a contract, such as the subject matter, terms, and conditions. If material facts are misrepresented or withheld, they can lead to issues such as fraud or misrepresentation, which can invalidate the contract.

In contrast, unrelated personal opinions, emotional considerations, and background history do not carry the same legal weight. Unrelated personal opinions do not provide factual evidence that influences the agreement, while emotional considerations are subjective and can lead to bias but are not essential for forming a valid contract. Background history, although it may provide context, does not constitute the fundamental facts necessary for the contract's validity. Therefore, focusing on material facts is crucial in understanding the enforceability of contracts.