When each party to a contract provides something of value to the other party,the principle of mutual acceptance has been satisfied.

Name: When each party to a contract provides something of value to the other party,the principle of mutual acceptance has been satisfied.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The principle being described is "consideration," not "mutual acceptance." Mutual acceptance refers to both parties agreeing to the terms of the contract.

When Each Party to a Contract Provides Something of Value