In most states, offer plus acceptance form which basic element of a contract?

Mutual assent, meaning both sides agree to the same deal.

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  1. Breach
  2. Statute of limitations
  3. 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.

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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.

  1. Cornell LII Wex: Contract www.law.cornell.edu/wex/contract
    Mutual assent (offer and acceptance)
    Checked 2026-10-11.

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