Contractual Consent
/ˈkɒntræktʃʊəl kənˈsɛnt/
Definitions
- (n.) The voluntary agreement by parties to enter into a legally binding contract, signifying mutual assent to the terms.
The contract was deemed valid because both parties had given their contractual consent.
Related terms
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Commentary
Contractual consent is pivotal in contract formation, requiring that assent be informed and free of duress or misrepresentation.
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