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Furthermore, I will explain how to determine the formation of a contract (conditional acceptance will not form an agreement). Then state the status as a term. Moreover, in he main body, I will generally talk about what are the terms of the contracts. Also, I will state the effect of signing a document. In addition, I will list the terms can be classified as conditions, warranties or intermediate (or “nominate” terms) terms. Furthermore, I will describe the different categories of these three terms of the contract and their different effects.
Moreover, I will explain the distinction between these three different kinds of term (conditions, warranties, intermediate or nominate) in a contract and identify these three terms by giving the supporting details to assists the understanding of the passage. Firstly, I will define the conditions clearly and discuss what kind of the remedies available for the breach and using the example of cases to illustrate this term, explain and state the held of the cases Password v Speers and Pond (1876) or other cases.
Then, describe what warranties are and explain also what remedies might available for the breach by using the example of cases to illustrate this term, indicate and list the held of the cases Betting v Gee (1876) and other cases will be given in the assignment. As well, explain the reason of the term -intermediate or “nominate” terms has been recognized and how to determine the term.
Also, discuss what kind of the remedies will be available for it by using the example of cases to illustrate this terms explain and list the held of the cases Hong Kong Fir Shipping Co Ltd v Sukiyaki Essen Aisha Ltd and Reardon Smith Line v Hansen -Tangent (1976) or other cases will be given in the assignment. Moreover, I will brief about the conditions precedent and the subsequent and the stipulation by the parties is not final decision. However, I will discuss the similar example of cases of the conditions and warranties by comparing them because it might be easier to understanding how to differentiate the terms, conditions and rainiest.
Then, I will analyze why this two example of cases should determine as conditions or warranties while compare the consequences of the cases by referring lectures and reference books. Subsequently, briefing the exclusion of responsibility terms and other relevant legislation generally. In conclusion, I will summarize the main points of the terms of the contract which is conditions, warranties and intermediate terms. Then, conclude the way of determine these terms. Moreover, I might give some point of view or suggestion for those decided cases resulting from discussion. Business Law Plan By Schenectady