In Which of the Following Cases, Will the Presumption of No

question 76

Multiple Choice

In which of the following cases, will the presumption of no intention to create legal relations arise?

• A)an agreement for the sale of a motor car entered into by two brothers
• B)an agreement for the sale of a house entered into by two life long best friends, both of whom are realtors.
• C)An agreement for the sale of a painting entered into between two sisters
• D)a lease agreement entered into between a mother and her son
• E)All of the above

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Definitions:

Condition Precedent

A contractual clause requiring certain conditions to be fulfilled before a contract becomes effective or an obligation is to be performed.

Condition Concurrent

In contracts, conditions that are to happen or be performed at the same time by both parties involved in the agreement.

Conditions Subsequent

Clauses in a contract that, if met, bring about the termination of the contract's obligations for one or more parties.

Commercially Impracticable

A condition under the Uniform Commercial Code where performance of a contract is made excessively burdensome or expensive due to unforeseen events.