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welcome to our second lecture covering chapter 5 from our textbook the topic for this chapter is mutual assent of the parties so lets begin we talked about the definition for mutual assent it is a meeting of the minds and now were gonna do is were going to talk about the six ways that we can destroy mutual assent obviously we dont want to do that its a bad somethings gone wrong one of these things shows up in your contract negotiations the things that we talked about during our first lecture is fraud misrepresentation and mistake fraud is an intentional lie that one party of the contract makes for another misrepresentation is an innocent misstatement of fact but Im a statement of fact that the person who made it should have been more careful about and the other side relies upon that to its detriment in both cases and in fact even in the third case the mistake or the the error has to be material or docHub to the deal in a mistake situation both party well if its a mutual m