Under the objective theory of contracts,the subjective intent of a party to enter into a contract is ________.
A) determinative
B) minimally important
C) impossible to determine
D) of equal importance when compared to the intent of a reasonable person
E) irrelevant

Question

Quizplus · Accepted Answer

Under the objective theory of contracts, the focus is on the actions of the parties, rather than their subjective intent. It is the outward manifestation of intent that matters, not what the parties may have subjectively intended. Therefore, the subjective intent of a party is considered irrelevant.

Under the Objective Theory of Contracts,the Subjective Intent of a Party