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CONTENTSOFTHECONTRACT

FORMoftheK-READChapter9

Oral–written–partlyoral/partlywritten

EXPRESSTERMSandIMPLIEDTERMSoftheK

Express:whatarethetermsoftheK?

[animpliedtermishelawallowsustoreadinto(imply)

intotheK]

Expressterms:lookatthewrittenKoriforalKfindevidenceof

whatthepartiessaid–witnesses,conduct.

ItmustbepossibletoproveallessentialtermsoftheK,

otherwisethereisnoK.Thisisanimportsueasparties

needtobeawareoftheiragreementandobligationsandrights.

Alsoifthereisadispute.

1

EXPRESSTERMS:TermoftheKora

representationinducingtheK

NegotiationoftheK-distinguishstatementsmadeto

induceentryintotheK(representations)andthosemeant

tobeatermofK(obligations)

Importantbecause:termsofKarepromises/obligations

andifnotkept,thensuefordamages

StatementsoutsidetheKmaybeinnocent

misrepresentationandthesearenotobligations,little

chanceoflegalaction.

Whatdidthepartiesintend?

2

EXPRESSTERMS:TermoftheKora

representationinducingtheK

OscarChessvWilliams[1975]1AllER325text145

FactsWilliamstradedinhiscaraspartofprice$290fora

newcar.Wsaidhiscarwas1948modelasthiswas

shownontheregistrationarlogbook.Oscarlater

discoveredthecarwas1939modelandworth$175.O

tookactionforreturnof$115(overpaymenttoW).

Osaidthestatementrethemodelofthetradedcarwasa

termoftheK.

Courtheld:NothisstatementwasnotatermofK.Why?

Lookatthefactsagain.

3

PAROLEEVIDENCERULE

1.WrittenKs:

IfthewrittenKisintendedbythepartiestocontainthe

completeagreement(interprettheKtoseeifthisisthe

completeK

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