What Is the Courts' Rationale for Presuming That Agreements Made

question 36

Essay

What is the courts' rationale for presuming that agreements made between parties in a commercial context are intended to be legally binding? Is this a fair presumption?

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Definitions:

Frustration of Nonreward

The feeling of tension, dissatisfaction, or disappointment that arises when an anticipated reward or outcome does not materialize.

Motivation Generated

The process through which inner or external factors stimulate desire and energy in people to be continually interested and committed to a job, role, or subject.

Incentive Motivation

A theory in psychology that argues behavior is directed toward attaining desirable stimuli and avoiding unwanted stimuli.

Latent Learning

The subconscious retention of information without reinforcement or immediate application, which becomes apparent when a situation calls for it.