First Principles of Business Law

Making a contract
2. The first essential element of formation: Intention to be legally bound

2.9. Other relevant factors

 

 

 

The examples on the previous pages in this section show how important it is to take account of a variety of facts when deciding whether the parties to an agreement intend to be legally bound. We have already considered some important factors such as the commercial nature of a transaction.  Listed below are other possible factors. Think about whether each of them is likely to be relevant, and if so, to what extent and with what effect. Click on each of the factors for more information.

 

 

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