Where there are communings with a view to an agreement, it is a question of the intention of parties whether a valid and effectual agreement has been made requiring no formal instrument though such formal instrument is being prepared, or whether there is to be no valid and effectual agreement until the formal instrument is completed. Circumstances in which held a formal completed instrument was required.
Citations:
[1918] UKHL 497 – 1, 55 SLR 497 1
Links:
Jurisdiction:
England and Wales
Contract
Updated: 09 December 2022; Ref: scu.631473