Question
"In commercial and business agreements, the presumption is that the parties intend to create legal 11) relations." Comment.
Answer :
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In commercial and business agreements, there is a fundamental legal principle that the parties are presumed to intend to create legal relations. This presumption arises from the nature of business transactions, where agreements are generally made with the expectation of enforceability by law. Unlike social or domestic agreements, which are usually considered informal and not legally binding, commercial agreements involve obligations that are often supported by consideration and formal documentation, making it reasonable for courts to assume legal intent. For instance, contracts involving the sale of goods, supply of services, partnerships, or
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