Contract Law

What Makes a Valid Contract?

Intention to be legally bound

The parties must mean what they are doing when entering a contract. It one thing to intend to cooperate when and how it seems suitable, but a very different thing to intend to be legally bound  to the fulfilment of an agreement. For this reason courts are very reluctant to find contracts in existence between family members...

 

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Written by Andrew Pingree. All copyright, 2014-2016 vests in Civilaco Pty Ltd.

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