Principle

CONTRACT LAW – Formation of Contract – Absence of Consensus ad Idem – No Binding Contract

Area of law
CONTRACT LAW
Court
Supreme Court

A valid contract requires consensus ad idem (meeting of minds). If an offer is rejected, no contract exists. Without a valid contract, a party cannot sue for breach of a non-existent contract. Rejection terminates the offer; it cannot be revived. The court will not enforce…

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