intention to create legal relations

Question 1

what is the defintion of intention to create legal relations

Answer 1

the parties to a contract expressly or impliedly agreed that the contract is legally binding

Question 2

what is the presumption for family and social agreements

Answer 2

presumed to not be legally binding, but can be rebutted ( challanged by other party)

Question 3

what is the presumption about business agreements

Answer 3

presumed to be legally binding and can also be rebutted

Question 4

what is the contrast from Balfour and Merritt

Answer 4

Balfour - agreements between spouses are not legally binding
Merritt - legally bindind as the spouses had been sepereated

Question 5

three people entered a competition and won why is this legally binding

Answer 5

there was a shared finicial commitment

Simpkins v Pays

Question 6

case for business agreements being legally binding

Answer 6

esso petroleum v commissioners of customs and excise

Question 7

what did rose and frank v crompton bros say about agreements with ambigious intent

Answer 7

a contract stated it was not “legally enforceable” clause removed the legal intention

Question 8

is a comfort letter legally binding

Answer 8

no comfort letters are not legally binding

kleinwort benson v malaysia mining