Exam term
Mutual assent
Agreement by the parties to the same terms, shown objectively through words or conduct such as offer and acceptance rather than by secret intentions.
Lessons that use this term
- How an agency is created: express, implied, ratification, and estoppel California
- Essentials of a valid contract Florida
- Contracts: types, the essentials of a valid contract, and the statute of frauds New York
- Types of contracts: express and implied, unilateral and bilateral Texas
- Essential elements of a valid contract Texas
- Contract status: executed and executory, valid, void, voidable, and unenforceable Texas