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foreign hey there thanks for joining me for this video where were going to be discussing the concept of agreement as well as its significance in forming what we call a valid contract so were going to discuss the agreement process the role of both the offer and the offeree and also delve into the elements of a valid offer so with that said lets go ahead and get started now were going to start by defining the concept agreement now agreement is a fundamental requirement for the formation of an actual contract it occurs when two or more parties mutually assent to the same terms and manifest their intention to be bound by those exact terms now the agreement process involves two key roles we have the offerer and we have the offeree now the offer or is the party who initiates the agreement by making an actual offer while the offeree is the party to whom the offer is made now that we understand a little bit about the parties involved lets get into the elements of a valid offer now the fir
