Classification of Terms

Beschreibung

Classification of different provisions in contracts
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Zusammenfassung der Ressource

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