Page 802 - SUBSEC October 2017_Neat

UNIT 2
MODULE 2: LAW OF CONTRACT (cont’d)

SPECIFIC OBJECTIVES CONTENT

Students should be able to:

4. explain the legal rules governing The legal rules governing contractual terms:
contractual terms;
(a) express and implied terms;

(b) conditions, warranties, intermediate
or innominate terms; and,

(c) exclusion or exemption clauses.

5. apply the legal rules relating to Misrepresentation:
misrepresentation;
(a) definition of misrepresentation;

(b) types of misrepresentation
(fraudulent, negligent and innocent);
and,

(c) the effect of misrepresentation on a
contract.

6. apply the legal rules relating to Discharge:
discharge; and,
(a) definition of discharge;

(b) methods of discharge:

(i) agreement; and,

(ii) performance.

(c) breach; and,

(d) frustration.

CXC A23/U2/17 22