What is meant by 'genuine assent' in the context of agreements?

'Genuine assent' refers to a true and complete agreement between parties involved in a contract. It signifies that all parties have a mutual understanding and acceptance of the terms and conditions of the agreement without any duress, misrepresentation, or fraud influencing their decision. This concept is fundamental in contract law because, for a contract to be enforceable, it is crucial that the participants genuinely agree to the terms, reflecting their true intentions and giving their informed consent.

In contractual agreements, if genuine assent is absent—such as through coercion or misunderstandings—the validity of the contract may be challenged. This ensures that all parties are entering into commitments with clear acknowledgment and agreement, thereby upholding the integrity of the contractual relationship.