According to the objective theory of contracts,the intent to enter into a contract is judged by the ________.
A)doctrine of equity
B)legality of the contract
C)reasonable person standard
D)common law of contracts

Question

Quizplus · Accepted Answer

The objective theory of contracts holds that the intent to enter into a contract is judged by the reasonable person standard, meaning that it is based on the outward expressions and actions of the parties involved rather than their subjective intentions. This standard ensures that contracts are interpreted based on how a reasonable person would interpret them in the same circumstances.

According to the Objective Theory of Contracts,the Intent to Enter