Express and implied terms- cards checked Flashcards
1
Q
What is meant by express?
A
-specifically agreed
2
Q
What is meant by an implied term?
A
-terms which do not appear but exist because of
1. Statute Law
2. Common Law
3. Custom/ prior dealings.
3
Q
What is meant by terms?
A
-A party can sue on a term for breach of contract.
-These are express or implied.
4
Q
What is meant by representation?
A
-A statement made to encourage the other party to enter a contract.
-not part of contract but other party can sue for misrepresentation.
5
Q
What is meant by statement of opinion?
A
-does not form part of a contract and is not a representation.
-not SERIOUS.
6
Q
What is meant by an express term?
A
-specifically agreed by parties when contract is made