Which of the following is correct with respect to the law of intention?
A)In commercial arrangements,there is always an intention to be bound by agreements no matter what the parties state to the contrary.
B)In domestic agreements,there is a presumption that there is no intention to be legally bound.
C)Since domestic relationships are serious,the parties to such relationships are always bound by their contracts with each other.
D)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.
E)Where intention is the issue,there is never any presumption for or against intention; the courts will always apply the reasonable person test.

Question

Quizplus · Accepted Answer

The law of intention states that for an agreement to be legally enforceable, it must have been entered into with an intention to create legal relations. In commercial arrangements, there is a presumption that there is an intention to be legally bound by agreements unless stated otherwise. In domestic agreements, however, there is a presumption that there is no intention to be legally bound unless stated otherwise. Therefore, option B is correct. The other options are either incorrect or provide incomplete or inaccurate information.

Which of the Following Is Correct with Respect to the Law