A contractual term is "any provision forming part of a contract". Each term gives rise to a contractual obligation, the breach of which may give rise to litigation. Not all terms are stated expressly and some terms carry less legal gravity as they are peripheral to the objectives of the contract.
The terms of a contract are the essence of a contract, and tell the reader what the contract will do. For instance, the price of a good, the time of its promised delivery and the description of the good will all be terms of the contract.
Conditions are major provision terms that go to the very root of a contract breach of which means there has been substantial failure to perform a basic element in the agreement. Breach of a condition will entitle the innocent party to terminate the contract. A warranty is less imperative than a condition, so the contract will survive a breach. Breach of either a condition or a warranty will give rise to damages.
It is an objective matter of fact whether a term goes to the root of a contract. By way of illustration, an actress's obligation to perform the opening night of a theatrical production is a condition, whereas a singer's obligation to perform during the first three days of rehearsal is a warranty.
Statute may also declare a term or nature of term to be a condition or warranty. For example, the Sale of Goods Act 1979 (UK) s15A provides that terms as to title, description, quality, and sample (as described in the Act) are conditions save in certain defined circumstances.
Lord Diplock, in Hong Kong Fir Shipping Co Ltd v Kawasaki Kisen Kaisha Ltd, created the concept of an innominate term, breach of which may or may not go to the root of the contract depending upon the nature of the breach. Breach of these terms, as with all terms, will give rise to damages. Whether or not it repudiates the contract depends upon whether legal benefit of the contract has been removed from the innocent party. Megaw LJ, in 1970, preferred the use of the classic categorizing into condition or warranty due to legal certainty.
Cette page est générée automatiquement et peut contenir des informations qui ne sont pas correctes, complètes, à jour ou pertinentes par rapport à votre recherche. Il en va de même pour toutes les autres pages de ce site. Veillez à vérifier les informations auprès des sources officielles de l'EPFL.
Un contrat en droit suisse est défini par l'article 1, alinéa premier du Code des obligations : « Le contrat est parfait lorsque les parties ont, réciproquement et d'une manière concordante, manifesté leur volonté ». Comme dans de nombreux pays de tradition juridique romano-civiliste, le contrat en droit suisse est l'échange d'au moins deux manifestations de volonté, appelées l'offre et l'acceptation, par lesquelles les parties décident de produire un effet juridique. Le contrat est donc un acte juridique bilatéral ou multilatéral.
Le Sale of Goods Act est une loi en vigueur au Royaume-Uni, relative aux marchandises qui sont vendues et achetées. Il a notamment pour but de protéger les « parties faibles » au contrat. Il se découpe en sept parties : Partie I : Champ d'application Partie II : La formation du contrat Partie III : Effets du contrat Partie IV : Exécution du contrat Partie V : Les droits du vendeur impayé Partie VI : Actions pour rupture de contrat Partie VII : Supplémentaire Catégorie:Droit commercial Catégorie:Droit de la
vignette|La Loi par Jean-Jacques Feuchère. Marbre, 1852. Place du Palais-Bourbon, VIIe arrondissement de Paris. Le droit est défini comme , ou de façon plus complète . Ces règles, appelées règles de droit sont impersonnelles, abstraites, obligatoires et indiquent ce qui « doit être fait ». Ces règles juridiques peuvent trouver leur source dans une source normative « supérieure », extérieure, transcendante, comme le droit naturel, ou découler de normes intrinsèques, issues de la morale et de la raison.
This course will provide students with a basic knowledge of law. After an introduction to the law, aspects of tax law, environmental law, contract law, data protection or IP law will be offered, as we
The course covers the fundamental concepts of business law from a practical standpoint, including contracts and company law, intellectual property, competition law and data protection, with a special
This course presents different types and mechanisms of electricity markets. It addresses in particular their impacts on power/distribution systems operation and consequently the appropriate strategies
Explore le cadre juridique des contrats d'architecture, en soulignant l'importance de comprendre les obligations et les responsabilités dans les projets de construction.
Examine un dossier juridique sur la collaboration des architectes et des ingénieurs, en mettant l'accent sur les obligations contractuelles et les litiges de rémunération.
A user’s benefit from the energy stored in a battery over its lifetime depends on the time-varying characteristics of the battery, which are in turn affected by the chosen usage behavior. Both the capacity shrinkage and the number of lifetime cycles are st ...
Program synthesis was first proposed a few decades ago, but in the last decade it has gained increased momentum in the research community. The increasing complexity of software has dictated the urgent need for improved supporting tools that verify the soft ...
Constraints and regulations related to new buildings are constantly evolving and all these changes, in our ways of thinking and producing, will have an impact on standards. For the policy field, contractual relationships, risk-allocation models and procedu ...