Which of the Following Is True with Regard to the Intention

question 84

Multiple Choice

Which of the following is true with regard to the intention of the parties to an agreement to enter into a legal relationship? Where appropriate,assume that all other elements necessary to form a contract are present.

• A)Since family matters are private matters,an agreement between a husband and wife to transfer property from the husband to the wife could not be a contract even if all other elements of a contract are present.
• B)The court will presume that there is always an intent to be legally bound in family situations.
• C)The court makes presumptions about the intention of parties to be bound; whether that presumption may be rebutted by evidence to the contrary makes no difference to the court.
• D)An intention to be legally bound is not a necessary element of a contract.
• E)Parties may expressly state their intention to be legally bound,in which case the court need not rely on presumptions.

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Definitions:

Export Controls List

A regulatory document or framework that specifies goods, software, or technology that are restricted or controlled for export, to comply with national security and trade policies.

Export Broker

An individual or company that acts as an intermediary, helping businesses to sell and distribute products to foreign markets without having to deal with the complexities of export regulations directly.

Government Export Approval

An official authorization required for goods to be sent out of a country.

Disclose Fee

A charge that must be paid, which is revealed or made known to a party, typically in transactions involving services or financial products.