when two parties to an agreement (contract) both have the same understanding of
the terms of the agreement. Such mutual comprehension is essential to a valid contract.
It is provable by the express provisions of a written contract, without reference
to any statements or hidden thoughts outside the writing. There would not be a meeting
of the minds if Bill Buyer said, "I'll buy all your stock," and he meant shares
in a corporation, and Sam Seller said, "I'll sell all my stock to you," and meant
his cattle.
law dictionary, legal
dictionary, online law dictionary, legal terms dictionary,
online legal dictionary, legal definition, legal
terms and definition, Best online Dictionary, Law
Dictionary Software, Download Law Dictionary, law
dictionary, legal dictionary, online law dictionary,
legal terms dictionary, online legal dictionary,
legal definition, legal terms and definition, Best
online Dictionary, Law Dictionary Software, Download
Law Dictionary
