Asked by Lionell Martin Jr on Jun 27, 2024

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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.
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RA
Robert AlberterisJul 01, 2024
Final Answer :
That the parties intended to be legally bound by their agreement.