Contracts
An Iowa real estate contract that lacks mutual assent (meeting of the minds) is:
AVoidable at either party's option
BVoid from the beginning✓ Correct
CEnforceable if the earnest money has been deposited
DValid if witnessed by a notary
Explanation
Mutual assent (meeting of the minds) is an essential element of a valid contract. Without genuine agreement on the material terms, there is no contract — it is void from inception. This may occur due to mutual mistake, misrepresentation, or fraud.
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