certain in its terms Flashcards

1
Q

What are the different types of terms in a contract

A

Express terms, implied terms, common terms, imposed terms and unsigned contracts

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2
Q

What are express terms

A

broken into essential terms which are material such as price, subject etc.
And incidental terms which are non-essential which includes later defects/passing of risks etc

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3
Q

What are implied terms

A

Tacit terms/terms implied on the facts which are obvious ( curious bystander)

Terms implied by law/residual/natural terms

Terms implied by trade usage which must be certain, reasonable, legal, generally known and used as well as not contradictory to other parts of a contract

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4
Q

What are common terms

A

exclusion clauses
cancellation clauses
penalty clauses
time terms
conditions both suspensive and resolutive

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5
Q

What are imposed terms

A

Exclusion terms. under CPA supplier cannot exclude liability for gross negligence and under common law, caveat subscriptor.

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6
Q

What are unsigned contracts

A

These are tickets and notices which the party is bound to as long as drawn to consumers attention

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7
Q

How should exclusions for imposed terms be included

A

They must be drawn to the consumer, must be in plain language, must be given adequate time to read it, must show consent by signing or initialling the clause

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