Which of the following best describes an innominate term?

Question

Quizplus · Accepted Answer

DInnominate terms are those where the classification as a condition or a warranty depends on the effects of the breach, rather than being predefined. This allows for flexibility in determining the seriousness of a breach and the appropriate remedy. Additionally, innominate terms are not explicitly identified by the contracting parties as either a condition or a warranty, which distinguishes them from terms where such classification is clear from the outset.

Which of the Following Best Describes an Innominate Term