The concept of objective intent with respect to contract law means which of the following?
A) When forming a contract,each party must expressly state an intent to be obligated under the terms of an agreement.
B) The parties must each intend to be bound by the terms of an agreement based on each party's true intent,whether or not that intent is known by the other party.
C) The parties' intent to be bound by the terms of a contract is based on whether an outsider observing the parties' words and conduct would reasonably conclude that the parties have the needed intent.
D) So long as one party intends to be bound by the terms of an agreement,the objective intent requirement will be met.
Correct Answer:
Verified
Q30: The objective theory of contracts is based
Q31: If the object of an offer becomes
Q33: The basic concept that both parties to
Q34: If a contract omitted some terms,which of
Q36: If nothing is stated about how long
Q37: If no mode of acceptance is stated
Q38: The communication of an offer can be
Q39: Offers made to the public may be
Q40: Advertisements are usually considered to be:
A) offers
Q54: Death of the offeror terminates an offer
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents