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Not all statements that are made by a buyer or a seller during the course of negotiations end up as terms in the ultimate agreement

Not all statements that are made by a buyer or a seller during the course of negotiations end up as terms in the ultimate agreement between them. Outline the rules that the Australian courts do use when they are asked to determine if a statement made during negotiations is a term in the contract. Please illustrate your answer with applicable case law examples.


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According to Australian law a term is any provision or clause in a contract Therefore the two main rules that arise concerning contractual terms are related to their identification and legal impact or ... blur-text-image

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