Intention Flashcards
1
Q
What is the final requirement both parties must have to form a contract ?
A
Intention to create legally binding relations
2
Q
What is the general rule on intention ?
A
Intention presumed to exist in business agreement but not In social and domestic ones
3
Q
What happened in the case of Esso petroleum v customs excise (1976)
A
A business promotion was giving customers a token coin produced for general resale which meant they should’ve been taxable, but were merely a free gift
4
Q
Social and domestic contracts were presumed not to be legally binding was reputed with evidence from what case ?
A
Balfour V Balfour (1919)
