Terms
- Created by: Tiffany
- Created on: 19-11-11 21:46
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Terms
Contents of a contract
n Contractual terms – are obligations for each party
n Exemption clauses- terms which limit or exclude liability
Essential knowledge
n Expressed & implied terms
n Common law & statutory approach
n Protection of consumers
n Conditions, warranties, innominate terms
n Effects of breach
Terms
n Are obligations for both parties
n If a term is not carried out = breach
What sort of disputes arise?
n Whether the point at issue was part of the contract? (incorporated)
n…
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