Nicholson v Pene - Tauakira No. 2M No.4 (2023) 477 Aotea MB 140 (477 AOT 140) [pdf, 442 KB]
...valuable consideration (or quid pro quo) passes between the parties; and where there is an intention to create legal relations. Once these elements are present, there will usually be a legally binding contract. [43] Once a valid contract is formed, the courts are reluctant to intervene and supervise the agreement made by the parties. Equally, the courts will not disturb the bargain struck, even if manifestly unfair to the reasonable, objective person. The obvious exception to th...