Classification Of Terms Flashcards
1
Q
Category’s
A
Originally 2
Court created third in 20th century
2
Q
Condition
A
Fundamental
Root of contract
Repudiate (terminate / affirm) and / or damages
3
Q
Warranty
A
Less importance
Damages only
4
Q
Innomate
A
No clear status
Decided on effect breach
Discretion of court
Repudiate or damages
5
Q
Union eagle v golden achievement ltd 1977
A
Condition allows termination if breach slight ? Unfair
6
Q
Hong Kong fir v shipping co ltd v Kawasaki kisen kaisha ltd1962
A
Intro innomate term
Promotes fair practical outcome
Prevented from terminating contract if beach not serious
Uncertain
Terms should be clear from outset
7
Q
Bunge v Corp v tradax SA 1981
A
Clauses specifying times again should be regarded as condition to create certainty
