Subjective Theory of Contract Law and Legal Definition

Subjective theory of contract is a doctrine that a contract is an agreement in which the parties have a subjective meeting of the minds. The courts must look to the parties' subjective expectations and anticipations (for example, whether delivery is actually desired) and ignore the objective language of the contract (for example, where delivery is expressly provided for). However, this theory has been roundly rejected by courts and commentators, in favor of the objective one.