1. JPMorgan Chase and the Financial Crisis
At common law, the elements of a contract are offer, acceptance, intention to create legal relations, and consideration. ... There is a presumption for commercial agreements that parties intend to be legally bound. ... This is considered the intention to create legal relations.... (SOURCEWATCH, 2012) A common point of confusion is the difference between intentional torts, like assault and battery, and negligent torts, like in an automobile accident. ... The opposite of an intentional tort is a negligent tort. ...
- Word Count: 1390
- Approx Pages: 6
- Has Bibliography
- Grade Level: Undergraduate