L5M3 practice question 19 of 25
A contract term which is difficult to classify at the time of drafting a contract is known as?
Full set: 120 questionsCorrect Answer:
D. innominate
Explanation
Innominate - the conflict resolution process would determine if the clause is a condition or a war- ranty. Before there's a breach there's no way to know, so it's classed as an Innominate Term. P. 43. Types of contract terms comes up a lot in the exam. Learn these.
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Other L5M3 practice questions
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- Question 2What is the purpose of a limitation on liability clause?
- Question 3Which of the following statements about penalty clauses is not true?
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- Question 5Which of these is NOT a stage in negotiation?
- Question 6If a party is to 'repudiate' a contract, what does this mean?
