Intention Flashcards
1
Q
Definition
A
Both parties must intended to create legal relations. This means that both parties must have an intention to be legally bound
2
Q
2 types of agreements
A
Social/ domestic
Bussinesss/ commercial
3
Q
Social/domestic
A
Starting presumption is= parties did NOT intend to be legally bound = merit v meritt
Unless there is proof otherwise= Balfour v Balfour
4
Q
Business
A
Starting presumption is parties did INTEND to be legally bound UNLESS there is proof otherwise ( jones v vernons pool)
5
Q
Side money changes hand
A
(Simpskin v pays)
6
Q
Parties put financial security at risk
A
( Parker v Clarke )
