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About: Meeting of the minds     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:PsychologicalFeature100023100, within Data Space : dbpedia.org associated with source document(s)

Type: personyago:WikicatLegalDoctrinesAndPrinciplesyago:Abstraction100002137yago:Belief105941423yago:Cognition100023271yago:Content105809192yago:Doctrine105943300yago:PsychologicalFeature100023100 New Facet based on Instances of this Class

Meeting of the minds (also referred to as mutual agreement, mutual assent or consensus ad idem) is a phrase in contract law used to describe the intentions of the parties forming the contract. In particular, it refers to the situation where there is a common understanding in the formation of the contract. Formation of a contract is initiated with a proposal or offer. This condition or element is considered a requirement to the formation of a contract in some jurisdictions.