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) Supremacy Clause
C) doctrine of equity
D) common law of contracts

Question

Quizplus · Accepted Answer

The objective theory of contracts states that the intent to enter into a contract is judged by the objective, reasonable person standard rather than the subjective intent of the parties. This means that the parties' actions, words, and circumstances are analyzed to determine whether a contract exists, rather than their personal beliefs or intentions.

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