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    Question

    Consensus ad idem means______________

    A Meeting of the parties Correct Answer Incorrect Answer
    B Meeting of the minds Correct Answer Incorrect Answer
    C Meeting of the intention Correct Answer Incorrect Answer
    D Meeting of the objective Correct Answer Incorrect Answer

    Solution

    It is a Latin phrase which means “meeting of the minds”. It is a legal concept which describes agreement between parties as to the exact meaning of the terms of a contract. In other words, it means, the parties to the agreement have agreed about the subject-matter of the agreement in the same sense and at the same time.

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