First Principles of Business Law

Quizz: Performance and breach of contract

Question 18

 

 

 

Which one of the following statements is correct?

(a)  An ‘innominate’ term is the equivalent of a warranty, that is, a term that is not of fundamental importance to a warranty.

(b)  If an innominate term is breached, the available remedy depends on the effect of the breach on the intended benefits of the contract.

(c)   If an innominate term is breached, the non-defaulting party is entitled to claim damages but not to terminate performance of the contract.

 

 

 

 

 

 

 

 

 

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