Correct option is A
A
valid contract under the Indian Contract Act, 1872, requires a
meeting of minds (consensus ad idem), meaning both parties must agree on the same terms at the same time.
Information Booster:
The phrase
meeting of minds refers to mutual understanding and agreement on the contract terms, which is fundamental for contract formation.
Additional Information:
·
Options (b), (c), and (d): These are aspects of contract discussion but do not constitute the essential requirement of a valid contract like the
meeting of minds does.
