Contracts
What is 'mutual assent' in a South Carolina real estate contract?
ABoth parties' attorneys approve the contract
BAgreement between all parties, demonstrated by offer and acceptance✓ Correct
CThe buyer and seller have met in person
DBoth parties have the same real estate agent
Explanation
Mutual assent (meeting of the minds) is achieved when there is a valid offer and acceptance between competent parties. It is one of the essential elements of a valid contract.
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