Contract Terms & Legislative Control of Unfair Terms

Question 1

What is the difference between express and implied terms?

Answer 1

-Express, those included in the contract and agreed upon by words by the parties
-Implied, covered by another area of the law and are so obvious they need not be included

Question 2

What is the rule on signature for express terms?

Answer 2

L’Estrange v Graucob, if a party signs a contract they are bound by it, even if they did not read it