Implied Warranty

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    Principles of Business Law

    contract to buy John’s property. Situation 1. Issue: Maria found out that the vehicle was made from two different models of Bedford van and that the car is in dangerous condition. Principle: According to the Sale of Goods Act, the principle of the Implied term of corresponding with the description can be applied. The Transfer of Risk principle is also can be involved. It states that the risk of the goods remain with the seller until the ownership passes to the buyer. Application: In the announcement

    Words: 1094 - Pages: 5

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    Inspection, Acceptance and Warranties

    Inspection, Acceptance, and Warranties: How important are these Clauses to Government Contracting and how do they impact both the Government and the Contractor. The Government going into a contract for supplies, services, or construction, has a primary goal of obtaining timely performance in tune with the contracts specification. Another goal of the government is to preserve the integrity of the competitive procurement system. In order to ensure that

    Words: 3105 - Pages: 13

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    Moore V. Hambricks Case

    Which means that if a landlord leases residential property, he is responsible for ensuring that the property is habitable. The implied warranty of habitability also includes that the landlord must make certain repairs to the premises. In other words the landlord is responsible for repairs to major defects in the rental property. The case states that the Huards owned and maintained the

    Words: 948 - Pages: 4

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    Contract Terms

    Contract terms may be express or implied and they may be classed as either conditions, warranties or innominate terms. A condition is a vital term of the contract. A breach of a condition allows the party who is not in breach of contract either to terminate performance of the contract and obtain damages for any loss suffered as a result of breach. A warranty is a minor term of a contract which is not central to the existence of the contract. A breach of a warranty only enables the innocent party

    Words: 519 - Pages: 3

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    Dj History

    U37 USB Studio Recording Microphone The U37 is a side-address microphone. When recording, speak or play into the side of the mic that has the CAD logo. The U37 has two switches on the front. The first switch allows you to decrease the sensitivity of the microphone so the sound quality is clear for extremely loud sounds. For example, the switch should be in the “-10” position for loud voices, percussion and other high sound pressure level devices. The “0” position should be used for normal voices

    Words: 1161 - Pages: 5

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    Legal Frame Work

    Atiyah: Sale of Goods The Sale of Goods 11th ed Patrick S. Atiyah , John N. Adams , Hector MacQueen ISBN13: 9780582894082 Published: April 2005 Publisher: Pearson Higher Education £47.95 Buy Note: Cases linked in the text on the right are either to BAILII reports (where available) or the Wikipedia reference. Contract Text Contents 1. Introduction 2. The Contract of Sale 3. Terms of the contract 4. Exclusion Clauses 5. Title and Passing of Property 6. Retention

    Words: 29335 - Pages: 118

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    Air Aisa

    are express term, implied term and innominate term. Firstly an express term is a clear stipulation in the contract (they are terms of the contract and may choose to do so orally, or in writing, or in a combination of these methods.) which the parties intend should be binding upon them. Traditionally, the common law had divided terms into two categories: conditions and warranties. Condition is a term which is vital to the contract, going to the root of the contract. While warranty is a less important

    Words: 1229 - Pages: 5

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    Denny V. Ford Motor Company Case

    In this case, Nancy Denny was under the impression that she was purchasing a Ford Bronco. She was purchasing this Bronco because of its perceived safety benefits of its four-wheel-drive capacity and its ability to switch between two and four wheel drive if she had concerns about driving in the snow and ice. She testified that she did not purchase the Bronco for any off road purposes and that according to the sales presentation the Bronco was very suitable for commuting and for suburban and city driving

    Words: 794 - Pages: 4

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    Classification and Remedies of Term

    contract can classified as conditions and warranties. Conditions terms are term of major importance which goes to the root of the contract. It entitles innocent party to terminate the contract and sue for damages. Warranties term is a subsidiary term of the contract. It will compensate the innocent party for any loss or inconvenience. It is a hybrid term, sometimes assuming the characteristics of a condition and at other times the characteristic of a warranty. Severity of breach of intermediate terms

    Words: 4137 - Pages: 17

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    Procurement

    the provider of the service or contract and is referred to as the vendor, the supplier, or the contractor. Project Management should be done by both the buyer and the seller. • Understand the definitions and terms. (buyer, seller, express and implied warranties, "fitness for a particular use", invitation to bid, request for proposal, etc.) • Understand the viewpoint of the reading material. Is procurement management discussed from the viewpoint of the buyer (the organization or person seeking to outsource)

    Words: 3835 - Pages: 16

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