Multiple choice

Which of the following correctly explain(s) the term “consensus ad idem” in offer and acceptance under the Indian Contract Law?

  1. Intention to contract

  2. Meeting of minds

  3. Theme of contract

  4. All of the above

  5. None of the above

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

It is a Latin term which means meeting of minds. If two parties enter into an agreement, both parties must have the same understanding of the terms used in the agreement.