EstatePass
ContractsContract_essentialsMEDIUM

The parties understand and agree to the same purchase terms and sign the same written agreement. Which contract element does this describe?

Correct Answer

C) Mutual assent

Mutual assent is correct because the facts match the meeting of the minds shown by the parties' offer and acceptance of the same terms. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Express contract
B
Enforceable contract
C
Mutual assent
D
Offer

Why This Is the Correct Answer

Sign up free to unlock full analysis

Why the Other Options Are Wrong

Sign up free to unlock full analysis

Deep Analysis of This Contracts Question

Sign up free to unlock full analysis

Background Knowledge for Contracts

Sign up free to unlock full analysis
Sign up free to unlock full analysis

Real World Application in Contracts

Sign up free to unlock full analysis

Common Mistakes to Avoid on Contracts Questions

Sign up free to unlock full analysis

Related Topics & Key Terms

Key Terms:

contract_essentialscontractsmutual_assentformation
Was this explanation helpful?

More Contracts Questions

People Also Study

Contracts Questions

Practice More Questions

Access 2,000+ practice questions and pass your real estate exam.

Start Practicing