With reference to a valid contract, _____ indicates that the offeror is extending an offer and the offeree is accepting the offer.
A) capacity to enter into a contract
B) mutual assent
C) legality
D) consideration

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.

With Reference to a Valid Contract, _____ Indicates That the Offeror