2.23 Intention to create legal relations

2.23 Intention to create legal relations

12th Grade

15 Qs

quiz-placeholder

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2.23 Intention to create legal relations

2.23 Intention to create legal relations

Assessment

Quiz

Financial Education

12th Grade

Easy

Created by

Deeky Mvula

Used 1+ times

FREE Resource

15 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key ingredient missing in agreements that don't translate to legally binding contracts?

Written agreement

Handshake

Intention to create legal relations

Verbal confirmation

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In the case of Rose & Frank Co v J. R. Crompton & Bros (1925), what did the parties clearly state about their agreement?

They intended to create a legally binding contract

They didn't intend to create a legally binding contract

They were unsure about the legal implications

They left it to the court to decide

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main factor that separates social and domestic agreements from commercial agreements?

The presence of witnesses

The amount of money involved

The intention to create legal relations

The location of the agreement

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which situation might a social agreement have significant consequences and be considered legally binding?

Agreeing to watch a movie together

A serious bet with a friend

Helping a family member with a chore

Splitting a pizza with a friend

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of agreements are typically based on trust and goodwill rather than legal obligations?

Written contracts

Verbal agreements

Social and domestic agreements

Commercial agreements

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are 'Letters of comfort' in the context of agreements?

Moral support or assurances

Legally binding promises

Formal guarantees

Blueprints for future deals

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the general presumption about commercial agreements regarding the intention to create legal relations?

They are presumed to have no legal intent

They are presumed to have the intention to create legal relations

They are never enforceable by law

They are always legally binding

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