Asked by Lionell Martin Jr on Jun 27, 2024
Verified
If the relationship between the contracting parties is primarily commercial in nature, what do the courts presume?
Commercial Nature
Pertaining to or characterized by activities aimed at the exchange or buying and selling of goods and services.
Contracting Parties
The entities (individuals or companies) that enter into a contractual agreement, each undertaking specific obligations outlined within.
Courts Presume
The principle that courts assume certain facts to be true until proven otherwise, under specific legal doctrines or in the absence of evidence to the contrary.
- Appreciate the role of contract law in enforcing commercial agreements and facilitating commercial transactions.
Verified Answer
Learning Objectives
- Appreciate the role of contract law in enforcing commercial agreements and facilitating commercial transactions.
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