IGNOU BCOC 133 2025 - "In commercial and business agreements, the presumption is that t

Question

"In commercial and business agreements, the presumption is that the parties intend to create legal relations." Comment.

21 Feb 2025

Answer :

Word Count : 267

In commercial and business agreements, there is a strong presumption that the parties involved intend to create legal relations. This presumption arises from the nature of business transactions, where parties typically engage in agreements for the purpose of securing mutual benefits and enforcing obligations that can be upheld by law. In contrast to social or domestic agreements, which are

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