Which of the following requirements of a valid contract best represents the agreement between the parties as to the contract's terms and their intent to actually enter into a contract rather than just inquiring or joking with each other?
A) Consideration
B) Capacity to enter into a contract
C) Legality
D) Mutual assent

Question

Quizplus · Accepted Answer

Mutual assent is agreement between the parties as to the contract's terms and their intent to actually enter into a contract rather than just inquiring or joking with each other. It consists of the offeror extending an offer and the offeree accepting the offer.

Which of the Following Requirements of a Valid Contract Best