Which of the following is true of intent to form a contract?
A) Intent Is not a required element of an offer or acceptance to form a contract.
B) Intent is determined based on the specific motivations of the offeror or offeree, including hidden motivations.
C) Intent is assessed by considering proof of an offeree or offeror's internal thought process.
D) Intent is a required element of an offer or acceptance only if a contract is a contract for the sale of goods.
E) An offeror must show intent to be bound by the offeree's acceptance.

Question

Quizplus · Accepted Answer

Intent is a fundamental element in forming a contract, and it is crucial that the offeror demonstrates an intention to be bound by the acceptance of the offeree. This is assessed objectively, looking at whether a reasonable person would understand the actions and words of the parties to signify an intent to enter into a contract.

Which of the Following Is True of Intent to Form