ACCA · Question 06 · Corporate and Business Law
In the context of intention to create legal relations, what is the legal presumption regarding commercial agreements?
Answer options:
There is a presumption against legal relations unless the agreement is in writing.
There is a strong presumption that the parties intended to create legal relations, which can only be rebutted by clear evidence.
There is no presumption; intention must be proven by the claimant in all cases.
Commercial agreements are only binding if they contain a 'subject to contract' clause.
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