and the agreedâ€“upon intent of two parties to enter into contracts together on the basis of a agreedâ€“upon terms and in a way that affects each party's legal status.In such a contract, it is essential that both people or entities in the contract formally consent to the terms, restrictions, and other details of the contract.
A condition whereby all parties to contract agree to its terms.
Another term for Mutual Consent.
The state that exists when all parties to a contract agree to the exact terms thereof.
The requirement in contract law of mutual agreement as to substance and terms, such as the nature of the writing assignment and the stated compensation.
A mutual intention of two persons to enter into a contract affecting their legal status based on agreed-upon terms. One of the essential elements of a contract whereby the parties consent to be bound by the exact terms of the contract.