Contracts

What is 'mutual consent' (meeting of the minds) in contract law?

ABoth parties hiring the same attorney
BBoth parties agreeing to the same terms with the same understanding✓ Correct
CBoth parties being represented by licensed agents
DBoth parties being present at the signing

Explanation

Mutual consent (meeting of the minds) means both parties agree to the same material terms with the same understanding. It is typically achieved through a valid offer and acceptance. Without genuine mutual consent, there is no contract.

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