Contract Law
An agreement (an offer and a corresponding acceptance) is not sufficient by itself to
constitute a contract. The additional element of “legal obligation” is required, and legal
obligation will only be present if the parties intended their agreement to have legal
significance.‘
Following the above quotation, it can be argued that social or domestic agreements
cannot be legally enforceable because they are not expected to be contracts.
Critically analyse the above statement by discussing the accuracy of the claims it contains.