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INTENTION TO BE BOUND IN A CONTRACT by Alice Ken
INTENTION TO BE BOUND IN A CONTRACT |
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Education,Law,Writing
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Once an offer is made there must be acceptance. The intention to create a legal relationship is one of the essential elements of a contract. Without an intention to create a legal relation, no party can sue the other. If there is no intention to create a legal relation, the contract can be termed as illegal. The intention to be bound in a contract converts the agreement to a true contract. The intention to be bound simply means the competent of a valid and enforceable contract which is required by all parties to the contract. The intention is determined traditionally using different presumptions for both domestic and commercial agreements. In order to enforce any promise, there must be an intention to create legal relations. When creating an intention to be bound by a contract, the mind of the contracting parties must enter a serious contract.
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