Contracts
Which of the following is an example of mutual assent in a real estate contract?
ABoth parties agreeing to hire the same attorney
BOffer and acceptance of identical terms by buyer and seller✓ Correct
CBoth parties signing separate documents at different times
DThe broker agreeing to reduce the commission
Explanation
Mutual assent — also called a meeting of the minds — occurs when both parties agree to the same terms through offer and acceptance.
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