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The intent to form a contract is not based on what a person actually intends but...

The intent to form a contract is not based on what a person actually intends but rather on the outward message (manifestation of intent) the person sends to others. Thus, contract intent is based on an objective standard. Do you understand the difference between this standard and a subjective one?
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Answer #1

Yes.

The main difference between both the standards is that the objective standards refer to the intent of any reasonable person while the subjective standard refers to the mindset or intent of the individual regardless of the view whether a reasonable person would choose the same intent or not.

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