Representations and Terms Flashcards
What is a term?
Part of the contract and is binding.
What is a representation?
Not part of the contract but is binding.
What is a mere puff statement?
It has no legal effect.
What is the first guideline?
Strength of statement - it’s clarity. Ecay v Godfrey.
What is the second guideline?
Importance to representee - term if so important to buyer. Bannerman v White.
What is the third guideline?
Specialist knowledge - Bentley v Harold Smith (both specialist knowledge so was breach of contract).
What is the fourth guideline?
Timing - longer time between statement and making of contract, more likely representation. Routledge v Mckay.
What is the fifth guideline?
Reduction to writing - signing an agreement incorporates it as a term of the contract. L’Estrange.