Start learning →

In commercial agreements, the presumption is that the parties intend to:

ADefer the terms later
BTreat it as a social act
CBe legally bound by it
DStay free of liability
Answer & Solution
Correct answer: C. Be legally bound by it
Business dealings are presumed to create legal relations unless the parties expressly say otherwise.
Practise this question with Quill — CA Foundation →

Keep practising Nature of Contracts

Browse all Nature of Contracts questions for CA Foundation, or explore more Businesslaw topics.

Start a Nature of Contracts lesson →
Related questions