Distinguish between a major breach and a minor breach
Distinguish between a major breach and a minor breach?
Expert
In distinguishing between a major breach and a minor breach, the law distinguishes among three types of contractual terms. A condition is “an essential term of a contract,” while a warranty is “a non-essential term.” Breach of a condition would deprive the other party of the expected benefit of the contract, while breach of a warranty would not. An intermediate term is a “wait-and-see” term; depending on the circumstances, breach of it may or may not substantially deprive the innocent party of the expected benefit of the contract.
What are the key elements to frustration?
What are the Remedies for Breach of Contract?
What do you mean by Parol Evidence Rule?
How breach of contract depends on Essential and Non-Essential Terms?
Explain sampling of Canada’s federal statutes that regulate imports and exports?
What will happen when words used inadvertently?
What are the general principles of tort law?
Explain the principal areas of consumer protection legislation?
Illustrate International Contracts of Sale?
What do you mean by Pre-employment?
18,76,764
1930302 Asked
3,689
Active Tutors
1459428
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!