Mapa mental
Classification of Terms
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Classification of Terms
Three categories of contractual term: Warranty, condition & innominate Term
Condition
- Failure to adhere to the condition will deprive the other party of the main benefit of contract
- Poussard v Spiers & Pond = Where a condition is breached, claimant may sue for damages & terminate contract
Warranty
- Minor term of the contract
- A contract will continue where a breach occurs
- Bettini v Gye = Where a breach of warranty occurs, can only sue for damages not terminate the contract
Innominate Term
- Hong Kong Fir Shipping Co v Kawasaki Kisen Kaisha = Courts will look at consequence of breach in deciding what remedy available
- Innominate terms are terms left over that are not a warranty or condition
Test for Conditions & Warranties
- 1) Intention of Parties = Lombard North Central v Butterworth = If court concludes breach of term couldn't have been intended by parties which gives rise to option of termination then not a condition
- Schuler v Wickman Machine Tools = Use of term 'condition' not conclusive. Use of word is reflected in parties intentions
Información
- Descripción
- Undergraduate [First Year] Contract Law Mapa Mental sobre Classification of Terms, creado por Kieran Deaville el 19/12/2017.
- Creado por
- Kieran Deaville
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