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 do you mean by environmental protection?
Explain the term Liability and Joint Tort feasors?
Explain the Sales of Goods Act?
WHAT ARE THE IMPLICATIONS OF FISCAL DEFICIT ON LOCAL INDUSTRIES
How Security Interests are Created Conditional Sales?
What are the duties of Officers and Directors?
Illustrate what do you mean by Breach of Contract?
Explain the nature of Intellectual Property?
Explain Seller's Title and the Nature of Goods?
What happen when comes to mistakes about the terms?
18,76,764
1928489 Asked
3,689
Active Tutors
1447751
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!