Consensus is a very important requirement for there to be a binding contract between the parties. Explain the two circumstances under which, even though there might be a factual consent, one may object to being bound by the contract because their consent was improperly obtained. Consensus is a very important requirement for there to be a binding contract between the parties. Explain the two circumstances under which, even though there might be a factual consent, one may object to being bound by the contract because their consent was improperly obtained