In forming a contract, the “meeting of the minds” is a. an agreement between all parties involved in the contract of the details of the contract. b. a formal meeting of the parties involved in a contract that may or may not result in a signed agreement. c. a phrase used to describe a verbal contract or a contract made without signatures from the parties involved. d. a mental exercise used by a person involved in a contract to try to guess the contract requests of the other parties and offer a compromise

 (a) an agreement between all parties involved in the contract.

Step-by-step explanation: While forming a contract, we generally use the phrase "meeting of the minds" , which implies that both the parties which are involved in the contract agree to the terms and conditions mentioned in the contract and are aware of the commitments made by each of the parties. Out of the four given options, only option (a) is acceptable, because the other three do not match with our requirement.

Thus, the correct option is (a).

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step-by-step explanation: