Contracts
Under Arizona law, 'mutual assent' in a contract means:
ABoth parties have consulted an attorney before signing
BThere is a meeting of the minds — both parties agree to the same terms✓ Correct
CThe contract has been notarized by both parties
DThe transaction has been approved by the lender
Explanation
Mutual assent (a meeting of the minds) is a required element of a valid contract. It means both parties have agreed to the same material terms — demonstrated by a valid offer and acceptance.
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