Elements of a Contract

Genuine Assent

Genuine Assent is a complete agreement between two competent parties.  A party who demonstrates that he or she did not genuinely assent to the terms of a contract may void the contract.  Genuine assent may be lacking due to mistake, fraudulent misrepresentation, undue influence or duress.  Contracts lacking genuine assent are voidable, not void.

Question #9:  (4 points)

What is meant by a "Meeting of the Minds"?

Question #10:  (6 points)

Give three instances when courts will find that a "Meeting of the Minds" has not taken place.  Check this link for information.