According to the objective theory of contracts, the intent to enter into an express or implied-in-fact contract is judged by the ________.
A) reasonable person standard
B) legality of the contract
C) doctrine of equity
D) common law of contracts

Question

Quizplus · Accepted Answer

According to the objective theory of contracts, the intent to enter into a contract is judged by the reasonable person standard, which means that the court looks at the outward manifestations of a party's intent, rather than their actual undisclosed intentions. This standard focuses on what a reasonable person in the same circumstances would believe the parties' intentions to be. Therefore, the answer is A.

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