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Try it risk-free Mutual assent is considered the meeting of the minds between two or more parties that forms the foundation of a contract.
At the time of mutual assent, it can be said that a legally binding contract exists.
Once these things are determined, the two men are free to enter into a contract.
When two parties enter into an agreement, a couple of things happen.
One party, the offeror, offers something of value in exchange for a promise. If the offer is accepted by the offeree, and all things are legal, there is a mutual agreement.
To exemplify this, Rodney was in the market for a new kayak.
One of the first things he did was look at the online classified ads. If the elections would not be held, when do you want the next elections to be called?