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  2. Breach of contract - Wikipedia

    en.wikipedia.org/wiki/Breach_of_contract

    t. e. Breach of contract is a legal cause of action and a type of civil wrong, in which a binding agreement or bargained-for exchange is not honored by one or more of the parties to the contract by non-performance or interference with the other party's performance. Breach occurs when a party to a contract fails to fulfill its obligation (s ...

  3. Implied warranty - Wikipedia

    en.wikipedia.org/wiki/Implied_warranty

    t. e. In common law jurisdictions, an implied warranty is a contract law term for certain assurances that are presumed to be made in the sale of products or real property, due to the circumstances of the sale. These assurances are characterized as warranties regardless of whether the seller has expressly promised them orally or in writing.

  4. Hong Kong Fir Shipping Co Ltd v Kawasaki Kisen Kaisha Ltd

    en.wikipedia.org/wiki/Hong_Kong_Fir_Shipping_Co...

    Under the English sale of goods principles, a condition is a term whose breach entitles the injured party to repudiate the contract, [1] but a breach of warranty shall give rise only to damages. [2] In this case, Diplock LJ proposed that some terms could lead either to the right to terminate a contract as a remedy, or to the mere entitlement to ...

  5. Hadley v Baxendale - Wikipedia

    en.wikipedia.org/wiki/Hadley_v_Baxendale

    Hadley & Anor v Baxendale & Ors [1854] EWHC J70 is a leading English contract law case. It sets the leading rule to determine consequential damages from a breach of contract: a breaching party is liable for all losses that the contracting parties should have foreseen. However, if the other party has special knowledge that the party-in-breach ...

  6. Innominate term - Wikipedia

    en.wikipedia.org/wiki/Innominate_term

    Innominate term. In English contract law, an innominate term is an intermediate term which cannot be defined as either a "condition" or a "warranty". [1] In Hong Kong Fir Shipping Co Ltd v Kawasaki Kisen Kaisha Ltd (1962 2 QB 26) the Court of Appeal of England and Wales first conceived the notion of an "innominate term".

  7. Privity of contract - Wikipedia

    en.wikipedia.org/wiki/Privity_of_contract

    t. e. The doctrine of privity of contract is a common law principle which provides that a contract cannot confer rights or impose obligations upon anyone who is not a party to that contract. [1] It is related to, but distinct from, the doctrine of consideration, according to which a promise is legally enforceable only if valid consideration has ...

  8. Good faith (law) - Wikipedia

    en.wikipedia.org/wiki/Good_faith_(law)

    In contract law, the implied covenant of good faith and fair dealingis a general presumption that the parties to a contract will deal with each other honestly, fairly, and in good faith, so as to not destroy the right of the other party or parties to receive the benefits of the contract. It is implied in a number of contract types in order to ...

  9. Fundamental breach - Wikipedia

    en.wikipedia.org/wiki/Fundamental_breach

    Fundamental breach. Fundamental breach of contract, [1] is a controversial concept within the common law of contract. The doctrine was, in particular, nurtured by Lord Denning, Master of the Rolls from 1962 to 1982, but it did not find favour with the House of Lords. Whereas breach of condition is a serious breach that "denies the plaintiff the ...

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