This is “Real Assent”, chapter 10 from the book The Legal Environment and Foundations of Business Law (v. 1.0). For details on it (including licensing), click here.
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After reading this chapter, you should understand the following:
We turn to the second of the four requirements for a valid contract. In addition to manifestation of assent, a party’s assent must be real; he or she must consent to the contract freely, with adequate knowledge, and must have capacity. The requirement of real assent raises the following major questions: