The statement that parties enter into a contractual relationship by mutual assent is true, as mutual assent involves a clear offer and acceptance between the parties. This agreement must be genuine and properly communicated for a contract to be valid. Without mutual assent, no legally binding contract can exist.
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The statement about parties entering a contractual relationship through mutual assent is true. Mutual assent involves an offer and acceptance, signaling agreement on the contract's terms. Without mutual assent, no binding contract can exist. ;