Types of Terms Flashcards

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1
Q

What are the steps for types of terms?

A

3 types
Consequences of breach
Representations vs terms

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2
Q

What are the 3 types of terms?

A

Conditions, warranties, innominate terms (these are all express)

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3
Q

What is a condition?

A

A term that is central to the contract explicitly stated as a condition

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4
Q

How is a condition defined?

A

A term so important that failure to perform it would destroy the main purpose of the contract

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5
Q

Which case shows a condition?

A

Poussard v Spiers

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6
Q

What is the remedy for a breach of a condition?

A

Repudiation (contract ends)

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7
Q

What is a warranty?

A

A minor term explicitly stated as a warranty

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8
Q

Which case shows a warranty?

A

Bettini v Gye

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9
Q

What is the remedy for a breach of a warranty?

A

Damages

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10
Q

What is an innominate term?

A

A term that isn’t explicitly stated to be a condition or warranty (it is still express though)

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11
Q

Which case shows an innominate term?

A

Hong Kong Fir Shipping v Kawasaki Kisen Kaisha (Hong Kong case)

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12
Q

What is the remedy for a breach of an innominate term?

A

It is decided whether it is equivalent to a condition or warranty and then the remedy for the respective term occurs - this is based off the definition of a condition

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13
Q

What are the 4 things to consider when identifying is a statement is a term or representation?

A

The importance of the statement
Special knowledge or skill of the person making the statement
The time lag between making the statement and contract
Whether there is a written contract

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14
Q

If a statement is important, is it a representation or term?

A

Term

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15
Q

Which case shows an important statement is a term?

A

Couchman v Hill

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16
Q

When does the special knowledge or skill of a person impact whether the statement is a term or representation?

A

If they are the one being untrue: it is a term
If the other party is the one being untrue: it is a representation

17
Q

Which case shows that an expert being untrue makes that statement more likely to be a term?

A

Oscar Chess Ltd v Williams

18
Q

Which case shows that being untrue to an expert makes that statement more likely to be a representation?

A

Dick Bentley Productions v Harold Smith Motors

19
Q

What is the rule on a time lag between making a statement and contract?

A

If the contract is made later and does not refer to the statement, it is likely to be a representation

20
Q

Which case shows a time lag between making a statement and contract?

A

Routledge v Mckay

21
Q

How does whether there is a written contract impact whether a statement was a representation or a term?

A

If there is a written contract, the court presume everything the parties wanted to include as terms are in it, so an oral statement is likely to be a representation