You and your father created an agreement: he would give a used car to you and you would paint the family house during the summer. Which of the following statements is TRUE in this case? 4 O The law assumes that you did not intend to create a contract, but you can prove to the court that you did. O The law presumes an intention to create legal relations. O Contracts cannot be created between a parent and child. The law will classify your agreement as "commercial" rather than "familial."
You and your father created an agreement: he would give a used car to you and you would paint the family house during the summer. Which of the following statements is TRUE in this case? 4 O The law assumes that you did not intend to create a contract, but you can prove to the court that you did. O The law presumes an intention to create legal relations. O Contracts cannot be created between a parent and child. The law will classify your agreement as "commercial" rather than "familial."
Question
Only typing answer
Please explain step by step without table and graph
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 3 steps
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, business-law and related others by exploring similar questions and additional content below.