Lessons in the law of contracts: The meeting of the minds

By Stephen Thiele, Rob Winterstein and Michael Lauricella ( November 13, 2024, 10:11 AM EST) -- The law of contracts is comprised of many important legal principles. One of those principles is that in order to have a valid and enforceable contract the parties must be ad idem. In other words, there must be a meeting of the minds about the essential terms of the contract. In the absence of a meeting of the minds, an alleged agreement between the parties is unenforceable....