How statutes affect contractual terms and the meaning of the terms in a contract.

This essay hasn't yet been marked by one of our teachers

You can view 8 essays on Law that have been Marked by Teachers

The first 200 words of this essay...

Introduction

In this I am going to describe the how statutes affect contractual terms and the meaning of the terms in a contract.

Implied terms

* The form part of the contract, express terms must be incorporated into the contract

* If the contract is written then this presents no problem since the terms are in written form

* Where the contract is oral, a number of factors can be taken into account in determining whether or not representations have been less incorporated.

Generally, the parties to a contract will be deemed to have included all of the various obligations by which they intend to be as express terms of the contract.

There are, however, occasions when terms will be implied into a contract , even though they do not appear in a written agreement or in the oral negotiations that have taken place leading up to the contract.

Terms will be implied into contract for one of two reasons:

* Because a court in a later dispute is trying to give effect to a presumed intention of the parties, even though these intentions have not been expressed (these are terms