Description

CONTRACTS Contents Step 1. IDENTIFY ALL THE TERMS OF THE CONTRACT AND WHETHER THEY ARE INCLUDED 3 Written terms and signature 3 Terms incorporated by notice 3 Terms incorporated from a course of dealing 3 Step 2. Determine whether the contract is wholly or partly in writing 3 Step 3. If doesn’t include entire agreement clause, consider pre-contractual negotiations to determine if wholly in writing (State Rail v Heath) 4 Step 4. If wholly in writing, parole evidence applies (State Rail v Heath) 4 Step 5. If promissory, statement is added to the contract 4 Step 6. Construction of the terms 5 Step 7. Determine whether an exclusion clause applies to the issue 5 Step 8. Identify the term, breach and the nature of it 6 Step 9. Determine any implied terms -> have they been breached? 7 TERMS IMPLIED IN FACT (FORMAL WRITTEN CONTRACTS) 7 TERMS IMPLIED IN FACT (INFORMAL CONTRACTS) 7 TERMS IMPLIED IN LAW 7 TERMS IMPLIED IN CUSTOM 8 Step 12. ACL 8 Consumer Guarantees 8 Goods 9 Services: 9 ACL REMEDIES (remedies page 5 damian’s) 10 Consumer Guarantee Remedies (only for trade or commerce) 11 Services 12 Unfair contract terms 12 Step 13. Frustration 13 Step 14. Termination 13 BY AGREEMENT 13 TERMINATION FOR FAILURE OF A CONTINGENT CONDITION 14 TERMINATION FOR REPUDIATION 15 TERMINATION FOR DELAY 16 Step 15. Affirmation 16 Step 16. Restrictions on termination 17 Ready and Willingness 17 Waiver (Agricultural and Rural Finance v Gardiner) 18 Relief against forfeiture 18 Step 17. UNLIQUIDATED DAMAGES FOR BREACH 18 Expectation damages 19 Reliance Damages 19 Loss of chance damages 19 Step 18. LIMITATIONS TO DAMAGES 20 Causation 20 Remoteness 20 Mitigation 20 Disappointment/distress 21 Loss of bargain damages 21 Step 19. LIQUIDATED DAMAGES AND PENALTY CLAUSES 21 Step 20. ACTION FOR DEBT 22 Step 21. MISREPRESENTATION (VOIDABLE – SET ASIDE FROM THE BEGINNING) 24 Step 22. RESCISSION 26 Step 23. MISLEADING OR DECEPTIVE CONDUCT: ACL REMEDIES -> check what you want as a remedy, ACL gives damages whereas Misrepresentation is voidable 28 Step 24. MISTAKE 29 Step 25. DURESS (VOIDABLE) 32 Step 26. UNDUE INFLUENCE (VOIDABLE) 33 Step 27. UNCONSCIONABLE DEALING (VOIDABLE) 35 UNCONSCIONABLE CONDUCT: ACL – NOTE FULL LEGISLATION ON DAMIAN’S – also trade or commerce definition 35 Step 28. THIRD PARTY IMPROPRIETARY (VOIDABLE) 38 Step 29. CONTRACTS REVIEW ACT (NSW) 39


UNSW

Term 2, 2019


40 pages

12,690 words

$49.00

12

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