Asked by
Farah Abdulaziz
on Nov 10, 2024
Verified
Mrs. Johnson is thinking of selling some property to her son. Which of the following is correct with respect to intention when entering into such a contract?
A) Since domestic relationships are serious, there is a legal presumption that in such relationships there is an intention for the parties to be legally bound by their agreements.
B) In commercial arrangements, there is always an intention to be bound by agreements no matter what the parties state to the contrary.
C) In domestic agreements, there is a presumption that there is no intention to be legally bound.
D) When intention is the issue, there is never any presumption for or against intention; the courts will always apply the reasonable person test.
E) Commercial contacts are always binding, no matter what the stated intention.
Domestic Relationships
Relationships defined by family ties or living arrangements, including marriage, partnership, and familial connections.
Legal Presumption
A rule that requires a court or tribunal to assume a fact is true until it is disproven by evidence to the contrary.
Commercial Arrangements
Agreements or transactions between businesses or entities that are commercial in nature, often involving the exchange of goods or services.
- Determine the significance of intention in the establishment of a legally binding agreement.
- Comprehend the effects that domestic and commercial contracts have on the assumed intention to create legal relations.
Verified Answer
YR
Learning Objectives
- Determine the significance of intention in the establishment of a legally binding agreement.
- Comprehend the effects that domestic and commercial contracts have on the assumed intention to create legal relations.