Correct option is A
Consensus ad idem means that both parties in a contract must agree to the same thing, in the same sense, at the same time. This is crucial for a contract to be valid under the
Indian Contract Act, 1872.
Information Booster:
In order for a contract to be valid, both parties must have a mutual understanding of the terms, which is the essence of
consensus ad idem (meeting of minds).
Additional Information:
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Option (b): An agreement may have different interpretations, but this does not necessarily mean a contract cannot exist.
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Option (c): It is about agreeing on the
same thing, not just agreeing in the same way.
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Option (d): If the parties agree on different things, there is no meeting of minds.
