Contracts
What is 'mutual assent' and how is it demonstrated in an Idaho real estate contract?
ABoth parties have their attorneys review the contract
BThe meeting of the minds shown through offer and acceptance — one party makes an offer and the other accepts it without material modification✓ Correct
CBoth parties attend the same closing
DBoth parties sign at the same time in person
Explanation
Mutual assent (meeting of the minds) is the agreement of both parties to the same terms. In Idaho real estate, it is demonstrated through the offer-and-acceptance process: one party makes an offer, and the other accepts it exactly as offered.
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