Genuineness, or reality, of agreement is said to be present in a contract when there is:

Question

Quizplus · Accepted Answer

Genuineness of agreement requires a true meeting of minds or mutual assent to the terms of the contract. This means that all parties have a genuine intention to enter into the contract and agree to its terms without any deception or coercion. Choices B, C, and D are all factors that can undermine the genuineness of agreement. Knowledge of falsity refers to knowingly providing false information during the formation of the contract, puffing refers to exaggerating or making claims that are not meant to be taken seriously, and duress involves forcing someone to enter into a contract against their will.

Genuineness, or Reality, of Agreement Is Said to Be Present