A meeting of the minds occurs when both parties actually assent to a contract’s terms. It may also highlight the time of a mutual agreement, although the acts of this agreement need not occur simultaneously. A subjective meeting of the minds was traditionally required when it came to the assent of contract theory but modern law dictates that a meeting of the minds must be objective1 In relation to the requirement for a consensus to form a valid contract, explain 4 factors that Vitiate/affect consensus.
A meeting of the minds occurs when both parties actually assent to a contract’s terms. It may also highlight the time of a mutual agreement, although the acts of this agreement need not occur simultaneously. A subjective meeting of the minds was traditionally required when it came to the assent of contract theory but modern law dictates that a meeting of the minds must be objective1 In relation to the requirement for a consensus to form a valid contract, explain 4 factors that Vitiate/affect consensus.
Related questions
Question
A meeting of the minds occurs when both parties actually assent to a contract’s terms. It may
also highlight the time of a mutual agreement, although the acts of this agreement need not
occur simultaneously. A subjective meeting of the minds was traditionally required when it came
to the assent of contract theory but modern law dictates that a meeting of the minds must be
objective1
In relation to the requirement for a consensus to form a valid contract, explain 4 factors that
Vitiate/affect consensus.
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 4 steps
