Phil agrees to work for Vacation Resorts,Inc.,as a chef.In determining whether a contract has been formed,an element of prime importance is

Question

Quizplus · Accepted Answer

The parties' intent is the most important element in determining whether a contract has been formed. Both parties must have a mutual understanding and agreement to enter into a contractual relationship. The rate of pay, duration of work, and facilities may be important terms of the contract, but they cannot form a contract on their own without the parties' intent to be bound by the terms.

Phil Agrees to Work for Vacation Resorts,Inc