Zusammenfassung der Ressource
Classification of Terms
- CONDITIONS
- terms that go to the root of the contract
- innocent party may repudiate and claim damages
- Poussard v Spiers & Pond
- WARRANTIES
- less important terms
- innocent party may claim for damages only and contract must continue
- INNOMINATE TERMS
- cannot be classified at time of formation of contract
- effect of breach depends on how serious effects of breach are
- Hong Kong Fir Shipping v Kawaksaki