Express and implied terms- cards checked Flashcards

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1
Q

What is meant by express?

A

-specifically agreed

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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.

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3
Q

What is meant by terms?

A

-A party can sue on a term for breach of contract.
-These are express or implied.

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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.

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5
Q

What is meant by statement of opinion?

A

-does not form part of a contract and is not a representation.
-not SERIOUS.

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6
Q

What is meant by an express term?

A

-specifically agreed by parties when contract is made

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