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Quiz (25 mins) Question 1 Is the following statement correct? Please provi...

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Quiz (25 mins)

Question 1

Is the following statement correct? Please provide the relevant authorities and/or an explanation for your answer.

As a general principle, it is to be presumed that there is no intention to enter a contractual relationship between family members, but that there is such an intention in commercial transactions.

Please keep your answer around 150 words.

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