mutual assent


Also found in: Financial, Wikipedia.
References in periodicals archive ?
The Contract(s) may, by mutual assent of the parties, be extended for two (2) additional twelve (12) month periods or portions thereof, up to a cumulative total of sixty (36) months.
Coverage includes consideration as benefit or detriment, consideration as bargain, alternatives to consideration, promise for benefit already received, manifestation of mutual assent, sequential assent by offer and acceptance, defenses to contract enforcement, defenses based on lack of capacity to contract, violation of public policy, statute of frauds, content and meaning of the contract, using extrinsic evidence to understand a contract, implied contract terms and provisions, express conditions, performance and breach under common law, repudiation, remedies at law, and third party rights and duties.
The most challenging element for NCUA enforcement is the mutual assent element.
Although Manhattan Nursing did not dispute the fact that none of its authorized representatives ever signed the arbitration agreement, it maintained that the parties' conduct evidenced a mutual assent.
In his dissent, Judge Julio Fuentes argued that that the employer intervened by asking another applicant to translate and "created a situation where lack of mutual assent could, and did, occur.
One court explained, "[a]n 'agreement' is broader than a contract and requires only a manifestation of mutual assent on the part of two or more persons; parties may enter into an 'agreement' without the formalities and accompanying legal protections of a contract.
This case provides that the first step toward mutual assent is an offer by one of the parties and that mutual assent occurs when that offer has been accepted by the other party.
Love and mutual assent are marked by touch, gesture and shared emotions.
Tax settlements are governed by general principles of contract law; the formation of a contract requires mutual assent to essential terms; Linear Tech.
The Fee Arbitration Program, however, does not have jurisdiction over a dispute that is already in the court system, Reynolds said, adding the program also is limited to disputes between an attorney and a client or between attorneys, and also depends on the mutual assent of the parties.
I believe (the judge) said he found there to be collusion and mutual assent, that there were at least three people involved in the act,'' said Newton's attorney, Denise McLaughlin-Bennett.

Full browser ?