A term becomes an EXPRESS term of a contract when it is:

Select one:

a.It was not specifically agreed uponbut was implied by statute or the operation of a legal rule

b.It is necessary for the proper performance of the contract

c.Included in a signed, written contract or brought to the attention of the other party by reasonable notice

d.It is a significant or important term

Breach of the following term will always entitle the innocent party to claim damages AND to terminate the contract:

Select one:

a.Representation

b.Implied term

c.Condition

d.Warranty

e.Intermediate term

Which of the following is the best description of a 'warranty'?

Select one:

a.A term in a contract, non-performance of which may result in rescission of the contract and/or damages to the plaintiff.

b.A term in a contract, the consequences of breach of which cannot be determined until after the breach has occurred and the seriousness of the effects of the breach can be ascertained.

c.A term in a contract not essential to the main purpose of the contract, non-performance of which will not entitle the plaintiff to rescind the contract.

d.A term which must be satisfied before a contract can come into existence.

e.A term in a contract which provides that the contract will terminate on the happening of a particular event.