Implied terms + warranties Flashcards
What are implied terms
implied terms are terms that the court did not find in the parties agreement but should be implied by law .
Implied in fact
agreed by both parties
Implied in law
imposed by the court
what are aesthetic
aesthetics are subjective; the standard of good faith is employed when the contract involves personal fancy
what is applied with commercial quality
Reasonable person standard is applied with commercial quality, operative fitness, or mechanically utility
Do at will contracts apply to fixed termed contracts
No (unless it is not a true fixed contract)
implied warranty of merchantability
unless excluded or modified, a warranty that the goods shall be merchantable is implied in a contract for there sell… if the seller is a merchant with respect with goods of that kind
Implied warranty of a particular purpose
when a buyer relies on the sellers skill or judgement to select suitable goods and the seller has no reason to know of the reliance
How can express warranties be made?
express warranties can be made through contract language, picture brochure, pop matrixes