First Principles of Business Law
Quiz: Making a contract 

Question 15

 

 

 

Which one of the following statements best describes when the parties to an agreement intended it to be legally binding or not? 

(a)  The courts will infer what the parties intended by taking account of the objectively known facts at the time the agreement was entered into.

(b)  The courts will infer what the parties intended by taking account of the objectively known facts at the time the dispute arose.

(c)   The courts will rely on evidence of what the parties subjectively intended at the time the agreement was entered into.

(d)   The courts will rely on evidence of what the parties actually intended at the time the dispute arose.

 

 

 

 

 

 

 

 

 

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