Implied terms in contracts lecture notes: contract and unjustified enrichment
28 views 0 purchase
Course
Contract and Unjustified Enrichment (LAWS08127)
Institution
The University Of Edinburgh (ED)
Book
Contract Law in Scotland
Implied terms in contracts lecture notes: contract and unjustified enrichment
- implied terms in law
- implied terms in fact
- implied terms in general
- sale of goods act 1979
Contract and Unjustified Enrichment: unjustified enrichment lecture notes
Contract and unjustified enrichment unfair contract terms lecture notes
Contract and unjustified enrichment Enforcement of obligations: Judicial remedies
All for this textbook (9)
Written for
The University of Edinburgh (ED)
The University of Edinburgh
Contract and Unjustified Enrichment (LAWS08127)
All documents for this subject (9)
Seller
Follow
nataliefowler
Content preview
L4 implied terms
Thursday, 27 August 2020
13:41
Commercial contract: single document signed by all parties
A. IMPLIED TERMS IN GENERAL
content (terms) of contract agreed by parties, but law can occasionally add
content; if no expressed term made
Contract may include terms + obligations not expressly stated by the
parties
Content added by parties: expressed terms
Content added by law: implied terms; adds content parties normally would
agree on anyway
Parties "contract out": agreed exclusion OR agreeing express terms which
inconsistent with laws implied terms
Terms only implied if consistent with parties intentions determined
objectively from whole circumstance
Contract regulation: some rules law imposes that parties cant contract on
Main implied terms:
Terms implied in law- terms implied in ALL contracts of the kind in question
(unless the parties agree otherwise)
Terms implied in fact- implied by court in individual contracts; where
satisfied parties contract doesn’t cover circumstance which arise + requires
solution. One which parties would have agreed at time of contracting; only
included if parties intention to do so can be made out in accordance with
rules on subject
B. TERMS IMPLIED IN LAW;
By Statue: e.g. Sale of Goods Act 1979, s14 (as amended), contracts for
the sale of goods act 1893, consumer rights act 2015
At Common law: relationship terms implied in fact (forms precedent),
terms implied in fact can mature into terms implied in law.
Duties of care + skill imposed upon professionals (less important) + fitness
for purpose (goods must work); guarantee of result (more important) sale
of goods
By custom; if custom well-known, notorious and reasonable; if making
contracts on regular basis, certain ways of doing things carried out on
same basis in future contract.
Generally in contracts: apply to all contracts; duty to cooperate, completion
in reasonable time, party cant act to prevent performance of contract,
discretionary powers given by contract to be exercised reasonably
Good faith: can override expressed terms; can be excluded by contract, not
overriding it; implied in law (UK) unless inconsistent with expressed terms; Not yet
approved by appellate courts.
1. 'relational' contracts governing long term relationships; lacking detailed
provisions on performance
2. Contracts conferring 'unlimited' discretionary powers on only one of parties
Sometimes concepts so general; best regarded as rules of law about contract or
their interpretation/construction
C. TERMS IMPLIED IN FACT; - solution to problem
When incomplete contract doesn’t express term necessary in instance which has arisen
and needs resolved; unforeseen situation/ lack of agreement so term not included in
contract
Prerequisites - court must be satisfied that the term:
(a) would have been agreed by the parties
Judge has to identify what they think parties would have agreed in initial
contract; court cant impose contractual obligations on all parties
(b) is necessary to make the contract work/to give the contract business efficacy:
doesn’t need to be reasonable only necessary
(c) will be clear, certain and obvious
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller nataliefowler. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $5.79. You're not tied to anything after your purchase.