In Wakeling V Ripley the Court Held That

question 11

Multiple Choice

In Wakeling v Ripley the court held that:

• A)the presumption that domestic and social agreements are not legally binding can be rebutted by sufficient evidence.
• B)commercial agreements are legally binding unless the presumption can be rebutted.
• C)domestic and social agreements can never be legally binding.
• D)commercial agreements are always legally binding.

---

Definitions:

Reformation

The process of correcting or modifying a contract to reflect the true intentions of the parties involved when the original agreement is in error.

Equitable Remedy

A remedy provided by courts in situations where legal remedies (like monetary damages) are inadequate or inappropriate, focusing on fairness.

Concurrent Condition

Conditions in a contract that must be met simultaneously by the involved parties for the agreement to be executed fully and legally.

Accord and Satisfaction

A legal settlement where a debtor offers something of value to a creditor, and the creditor accepts it as full repayment of the debt.