Mindmap
Contract Law
Inhalt der Mindmap
Contract Law
TERMS
- Types of Terms
- Express
- Exceptions
- Written agreements are questionable
- Separate oral agreements
- collateral contract (subsidiary contracts)
- Exceptions
- Implied
- courts
- Business Efficacy Test
- Officious Bystander Test
- BOTH need to be satisfied
- Court of Appeal
- 3 step process
- statue
- customs
- courts
- Express
- Classification of Terms
- Condition
- destroys the root of the contract
- Warranty
- subsidiary to condition
- Innominate Term
- Innominate term test
- Does the breach deprive the injured party of substantially the whole contract?
- YES
- Breach of condition
- No
- Breach of warranty
- YES
- Does the breach deprive the injured party of substantially the whole contract?
- Innominate term test
- Condition
- Exemption Clauses
- Validity
- forms part of the contract
- properly constructed
- unclear - contra proferentem rule
- no unusual factors e.g. misrepresentation
- does not violate UCTA
- exclusion of breach of condition is valid
- S2(1) X death and personal liability due to negligence
- S2(2) & 3 liability for breach of contract cannot be excluded unless the term satifies the test of reasonableness
- test for reasonableness
- bargaining strength of parties at the time the contract was made
- equal
- reasonable
- equal
- Other factors
- customer was induced to agree to EC
- customer knew or ought to know the EC
- compliance is praticable
- goods were specially ordered?
- reliance on EC could reasonably be expected to have taken up insurance to cover its liability
- bargaining strength of parties at the time the contract was made
- test for reasonableness
- Incorporation
- signed document
- reasonable notice
- contemporaneity
- before or at the time the contract is made
- sufficiency
- steps taken to make sure party was notified
- contemporaneity
- previous course of dealing
- Validity
- Types of Terms
VITIATING FACTORS
- Misrepresentation
- misled party must show representatin is a false statement of verifiable fact
- unkept promise/statement not actionable
- Exception - existing fact not future intention
- statement of opinion non actionable
- Exception - person is expert
- fact not vague (e.g. sales talk) thus non-actionable
- representee has no duty to verify the statement
- unkept promise/statement not actionable
- silience is not a representation
- exceptions half truths
- changes in circumtances not informed
- inducement
- exception - party did not rely on statement
- exception - false statement not sole inducement
- Other exceptions
- fiduciary relationship
- contracts of utmost good faith
- Types of Misrep
- fradulent
- recessions + damages
- bars of recession
- lapse of time
- party misled affirms contract
- restitutio in integrum impossible
- 3P involved
- act inconsistent with ownership
- courts takes away right
- bars of recession
- recessions + damages
- negligent
- recessions (or damages in lieu) + damages
- innocent
- recession (or damages in lieu by court) + indemnity
- fradulent
- misled party must show representatin is a false statement of verifiable fact
- Illegality
- Common law
- statutory illegality
- entire contract
- only in performance
- RoT
- enforceable restraints
- protect some legitimate or proprietary interest of the promisee
- restraint must be reasonable
- Blue pencil test to remove void PART of contract
- enforceable restraints
- Incapacity
- contracts with minors are not binding (S35 of Civil Law Act)
- Exceptions
- Valid contracts (binding)
- contracts for necessaries (suitable at time of purchase)
- beneficial towards minors
- voidable contracts (binding unless minor opts out)
- ratifiable contract (not binding unless minor ratifies)
- ratifies after attaining majority
- minor can/not recover amount he paid for goods he used/consumed
- Valid contracts (binding)
- Exceptions
- contracts with minors are not binding (S35 of Civil Law Act)
- Misrepresentation
Discharge of Contract
- Performance
- precise and exact performance
- Exceptions (Breach of contract)
- de minimis rule
- acceptance of partial performance
- prevented performance
- innocent party entitled to claim on quantum meruit basis
- divisible contract
- substantial performance
- amount payable = contract price - cost of rectification
- Agreement (under provision of existing contract)
- Repudiatory Breach (innocent party to terminate contract)
- RDC Concrete v Sato Kogyo 2007
- when the contract clearly says so
- when the guilty party renounces the contract
- when the term breached is a condition
- HK Fir - the innocent party is deprived of substantially the whole benefit of the intent of the contract
- RDC Concrete v Sato Kogyo 2007
- Frustration
- happens due to an unexpected event beyond the control of the parties which makes further performance either illegal, impossible or radically different from what was originally envisaged by the parties
- Limitations
- Common Law
- Illegality
- Death and personal incapacity
- impossibility unless alternative is possible
- outbreak of war, hostilities
- radical changes in circumstances
- non-occurrence of an event central to the contract
- govt interference/acquisition
- supervening illegality
- happens due to an unexpected event beyond the control of the parties which makes further performance either illegal, impossible or radically different from what was originally envisaged by the parties
- Performance
Informationen
- Beschreibung
- Mindmap am Contract Law, erstellt von S D am 22/10/2018.
- Erstellt von
- S D
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