alleryStart learning →Mutual assent in forming a contract is also called a:
AMeeting of the minds
BTrading of rights
CPooling of capital
DShift of title
Answer & Solution
Correct answer: A. Meeting of the minds
Offer and acceptance together produce a meeting of the minds between the parties.
Keep practising Nature of Contracts
Browse all Nature of Contracts questions for CA Foundation, or explore more Businesslaw topics.
Related questions
England passed the Statute of Frauds, favouring written contracts, in:Obligations that are voluntarily undertaken and owed to specific persons are traditionallyA peppercorn in contract law is an example of:If the law does not require a contract to be written, an oral contract is generally:An agreement to agree on key terms later is:In commercial agreements, the presumption is that the parties intend to:Domestic agreements between parent and child are typically:An advertisement is treated as an offer where it makes a: