Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The courts will presume that a written contract which appears complete on its face contains the whole agreement and will not permit a party to

The courts will presume that a written contract which appears complete on its face contains the whole agreement and will not permit a party to add to or vary or contradict the written agreement. This is called the

parol evidence rule postal acceptance rule business judgment rule privity of contract rule

An injunction is a court order requiring a person to fulfil their agreement under a contract remedy available where someone has benefited at the expense of someone else and it would be unjust to allow that person to keep the benefit warranty in a contract with a minor court order to stop a person breaching their contract

The breach of what kind of contractual term gives the innocent party the right to terminate the contract and sue for damages? An exemption clause A warranty A condition A post contractual statement

What is an exemption clause? A term not explicitly written or spoken but put into the contract by legislation A term that limits the liability of one of the parties A statement, promise, or representation made after the contract has been formed A clause that specifies the amount of damages recoverable by one party if the other party breaches the contract

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Finance questions