The intent to enter into a contract is determined using the ________ theory of contracts.

Question

Quizplus · Accepted Answer

The objective theory of contracts is used to determine the intent to enter into a contract. This theory looks at the outward manifestations of intent rather than the subjective beliefs or intentions of the parties involved. In other words, it considers what a reasonable person would believe based on the words and actions of the parties, rather than what each party may have intended subjectively.

The Intent to Enter into a Contract Is Determined Using