Meeting of the minds
Legal term / From Wikipedia, the free encyclopedia
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This article is about the legal concept. For the Four Tops album, see Meeting of the Minds (album). For the talk show, see Meeting of Minds. For the short novel by R.Sheckley, see Robert Sheckley short stories bibliography.
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.