GoConqr hat ein neues Design! Sag uns, wie es dir gefällt.

Folien

Classification of Terms

Ria Hill Englisch 4,8Durchschnittliche Bewertung 4,8 von 5 (4 Bewertungen) 3 Folien

Folien in diesem Satz (3)

  1. Conditions

    • Major term of the contract which goes to the root of the contract
    • If breach will result in termination of the contract
    • Innocent party will be able to sue for damages
    • Poussard v Spiers, opera singer missing the opening night of the performance was held to be a breach of condition
  2. Warranties

    • Minor term of the contract, does not go to the root of the contract
    • A breach of warranty will not result in termination of the contract
    • Innocent party can sue for damages
    • Bettini v Gye, opera singer missing rehearsals was not serious enough to constitute a breach of condition, innocent party could only sue for damages
  3. Innominate Term

    • An approach used by the courts where classification of a term as a condition or a warranty is impossible
    • Introduced in Hong Kong Fir Shipping v Kawasaki
    • There has been
    • concern that the use of innominate terms has created too much litigation as per Bunge Corporation v Tradax
    • There is
    • evidence to suggest that the use of innominate terms can also create
    • uncertainty, illustrated in The Mihalilis Angelos where the court held ready to load clause must always be conditions for commercial certainty in maritime contracts
    • However, in The Hansa Nord, the courts were able to use this approach prevent the claimant exploiting the defendant, so it will allow judicial flexibility

Informationen

Beschreibung
Definitions and case law for the classification of terms topic
Erstellt von
Ria Hill
Aufrufe
67
Bewertung
Durchschnittliche Bewertung 4,8 von 5 (4 Bewertungen)

Feedback

Worum geht es?

Wie gefällt dir das neue Design?

Dein Eindruck