SESK: Stuff Everyone Should Know · sesk.info/biz-contract-elements
In most states, offer plus acceptance form which basic element of a contract?
Mutual assent, meaning both sides agree to the same deal.
- Breach
- Statute of limitations
- Mutual assent ✔
Why: In most states, a contract generally needs mutual assent, shown by an offer and acceptance, plus consideration. Exact contract rules and exceptions vary by state.
Huh, didn't know that: A contract is an agreement creating mutual obligations that the law will enforce.
I made a deal with my pillow. It keeps my secrets, I keep it fluffy.
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References
Answer: Mutual assent. In most states, a contract generally needs mutual assent, shown by an offer and acceptance, plus consideration. Exact contract rules and exceptions vary by state.
- Cornell LII Wex: Contract www.law.cornell.edu/wex/contract
Mutual assent (offer and acceptance)
Checked 2026-10-11.
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