Question

The intent to form a contract is not based on what a person actually intends but...

The intent to form a contract is not based on what a person actually intends but rather on the outward message (manifestation of intent) the person sends to others. Thus, contract intent is based on an objective standard.

What are the difference between this standard and a subjective?

Homework Answers

Answer #1

Courts basically disregard the subjective standard because it is not possible for the courts to determine the actual intent of a person in a given circumstance. Rather courts use objective standard.

What's the difference ?

Subjective standard is about the actual state of mind,determine what actual thoughts were of a party regarding the contract and if it was willing or not to enter into the contract

Objective standards are widely used as it uses " rationale standard " as the core. Would a rational person enter such a contract in such a situation ? Is the question that is discusses and the answer of which decides the outcome. The reason objective standard is used is because it minimizes the chance of bias in such decisions and helps determine the outcomes of all similar cases with a consistency.

(** please do upvote if this helps**)

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
The objective theory of contract is: a. is a legal theory by ehich intent of parties...
The objective theory of contract is: a. is a legal theory by ehich intent of parties to enter a contract is determined and provided that a party's intention to enter a contract is judged by outward, ojective facts as interpreted by a reasonable person, rather than by the partys' secret subjective intention. b. Is a rule in contract law that the intention of parties to contract id determined by their subjective personal intention of whether they wanted or intended to...
70. The primary distinction between an action based on innocent misrepresentation and an action based on...
70. The primary distinction between an action based on innocent misrepresentation and an action based on common law fraud is that, in the former, a party need not allege and prove: A. that there has been a false representation. B. the materiality of the misrepresentation. C. reasonable reliance on the misrepresentation. D. that the party making the misrepresentation had actual or constructive knowledge that it was false. 71. In which of the following cases can the remedy of rescission be...
The differences & similarities between the federal & state court systems. 2. The structure of the...
The differences & similarities between the federal & state court systems. 2. The structure of the Washington state court system; i.e. the trial court of general jurisdiction, the intermediate appellate court, the state supreme court. 3. Remember, Washington is in the 9 th Circuit Court of Appeals. 4. Under both the Washington state and federal court system, there is one appeal as of right. Appeals to the Washington Supreme Court(in the state system), or to the U.S. Supreme Court in...
Attention deficit disorder (ADD) is a syndrome in which a person has difficulty focusing sustained attention...
Attention deficit disorder (ADD) is a syndrome in which a person has difficulty focusing sustained attention on a task for a significant amount of time. In some cases this is accompanied by hyperactivity as well. It is currently being diagnosed at an all-time high. Between 1989 and 1996, youth visits for ADD increased 90%, from 1.9% of total physician visits to 3.6%. Now, a psychiatrist named Dr. Edward Hallowell is making a new distinction. He has described a similar set...
A hospital submitting an outpatient claim would use a UB-04 claim form. What source of coding...
A hospital submitting an outpatient claim would use a UB-04 claim form. What source of coding information is used to report diagnosis codes? What source of coding information is used to report procedures? What are the primary uses of financial information? Is profit maximization the same thing as shareholder wealth maximization? What are the objectives of not-for-profit (NFP) firms? What are social responsibility and ethics as they relate to business-oriented organizations? How should social responsibility and ethics affect the decisions...
Actually a HISTORY question: what tactics does Einhard use to portray Charlemagne in "Life of Charlemagne"...
Actually a HISTORY question: what tactics does Einhard use to portray Charlemagne in "Life of Charlemagne" and what tactics does Procipius use to describe Justinian in a positive light in the "Nika Riots"? Ive posted both excerpts. "Life of Charlemagne" Charles the Great, (Charlemagne in French) reigned 768-814 as king of the Franks and the most important ruler of the Carolingian Dynasty, conquering lands in what is now Germany, France, Spain, and Italy. On Christmas Day 800 C.E., Pope Leo...
What is the answer to these Quastions? The performance effectiveness of employees is provided to them...
What is the answer to these Quastions? The performance effectiveness of employees is provided to them during the _______ process. a. Performance appraisal b. Achievement discrepancy c. Ability analysis d. Performance feedback e. a and d are correct From a(n)  ______________ standpoint, the effect on performance motivation may be limited in ownership program because of the less obvious link between pay and performance. a.   Agency theory b.   Equity theory c.   Efficiency wage theory d.   Reinforcement theory e.   Contract theory Prometheus Corp. is a large-scale manufacturer of...
Re word this reflection essay and include more studies on creativity in it. What have I...
Re word this reflection essay and include more studies on creativity in it. What have I Learned? I have learned how to use my brain better, to organize my thinking process in a way to facilitate my perceptions, creativity and innovative thinking methods in a more effective manner. I learned many ideas and findings on how human brain function. For example, according to Tony Buzan, the brain thinks in two ways: association or explosion method. I learned that to change...
Team 5 answer the questions What are 4 key things you learned about the topic from...
Team 5 answer the questions What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Incentive Systems             In this paper, we will focus primarily on financial rewards that companies use to attract, retain and motivate the brightest and most talented candidates in the labor market. By providing a reward system that...
What are 4 key things you learned about the topic from reading their paper? How does...
What are 4 key things you learned about the topic from reading their paper? How does the topic relate to you and your current or past job? Critique the paper in terms of the organization and quality. Team 3 answer questions above. Part I In today’s world we see fear among people when dealing with sexual harassment. This leads to people not reporting sexual harassment. A misconception about sexual harassment is that it’s only about touching and forcing other people...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT