Knowee
Questions
Features
Study Tools

Intention to create legal relations is presumed in which of the followingrelationships:i) Husband and wife living together.ii) Parties to a commercial contract.iii) Husband and wife who are separated.iv) Friends who are part of a lottery syndicate.a) All of the above.

Question

Intention to create legal relations is presumed in which of the followingrelationships:i) Husband and wife living together.ii) Parties to a commercial contract.iii) Husband and wife who are separated.iv) Friends who are part of a lottery syndicate.a) All of the above.

🧐 Not the exact question you are looking for?Go ask a question

Solution

The intention to create legal relations is presumed in the following relationships:

ii) Parties to a commercial contract: In commercial contracts, there is a strong presumption that parties intend to create legal relations. This is because the very nature of a commercial contract is to create some form of legally binding agreement between parties.

iv) Husband and wife who are separated: When a husband and wife are separated, any agreements made between them, especially those concerning financial matters or child custody, are typically presumed to have legal intent.

i) Husband and wife living together and iii) Friends who are part of a lottery syndicate: These relationships are generally considered social or domestic arrangements. The presumption in these cases is that there is no intention to create legal relations. However, this presumption can be rebutted if there is clear evidence to the contrary.

So, the answer is not "a) All of the above." but only ii) Parties to a commercial contract and iv) Husband and wife who are separated.

This problem has been solved

Similar Questions

A partnership is an artificial being created by operation of law having the right of succession and the powers, attributes, and properties expressly authorized by law or incidental to its existence.Group of answer choicesTrueFalse

_______ on intention is a major reason for problems in relationshipsDoubtAffectionGratitudeTrust

The Blank______ is a relationship between two or more persons or corporations that is created for a specific business undertaking.Multiple choice question.joint venturelimited liability partnershipcooperativelimited partnership

A contract of partnership gives rise to only two types of relations: (1) relations among the partners; and (2) relations of the partners with the partnership.Group of answer choicesTrueFalse

Understanding Legal StructuresWhich of the following is true regarding partnerships? (More than one option can be correct.)A partnership requires at least four members to form.The partners agree to the terms and conditions mentioned in the partnership deed.All partners have unlimited liability.All partners are required by law to share the profits equally.

1/2

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.