Which of the following best describes an innominate term? A) A term that goes to the heart of the contract and contains a fundamental obligation B) A term that is not usually found in a contract of the type in question C) A term that may be classified as a condition or a warranty depending on the consequences of its breach D) A term which the parties to the contract have not expressly identified as being either a condition or a warranty

Question

Quizplus · Accepted Answer

DInnominate terms are those where the classification as a condition or a warranty depends on the effect of the breach, rather than being predefined. This means the significance of the term is determined by the consequences of its breach, making both C and D correct descriptions.

Which of the Following Best Describes an Innominate Term