LAWS 3003 Study Guide - Midterm Guide: Clean Hands, Thomas Case, Contract
Document Summary
Detrimental reliance between the parties? (the more that this is proven the more likely the courts will find a contract) Common for husband and wife to make arrangements but they are not contracts; rebuttable presumption that they are not to be legally binding! } intent. Business relationship; in business or commercial relationships there is a rebuttable presumption that the contract was intended to be legally binding. In this case no contract; not intended to be binding } intent. These were introductory remarks before we talked formally about offers but they are important! (should be mentioned in any questions revolving around offers ) intent to be. An offer is more than just an invitation to treat, it"s more than quotation of price it must be able to be accepted so that a contract may be formed. C= no contract of sale without an offer to purchase or an offer to sell with an acceptance of that offer.
