Knowee
Questions
Features
Study Tools

In a contract for the sale of goods, only those terms which the parties have expresslyagreed upon can ever become a part of the contract.

Question

In a contract for the sale of goods, only those terms which the parties have expresslyagreed upon can ever become a part of the contract.

🧐 Not the exact question you are looking for?Go ask a question

Solution

This statement is not entirely accurate. In a contract for the sale of goods, the terms that become part of the contract are not only those that the parties have expressly agreed upon. Implied terms can also become part of the contract. These are terms that, although not specifically stated, are considered an integral part of the contract due to the nature of the agreement or the intention of the parties. For example, in a contract for the sale of goods, there is an implied term that the seller has the right to sell the goods, and that the goods comply with their description. Therefore, both express and implied terms can become part of a contract for the sale of goods.

This problem has been solved

Similar Questions

Unless the parties agree otherwise, business-to-business contracts contain all but which one of the following implied terms?The goods are of merchantable quality or reasonably fit for a purpose specified by the purchaser.The goods are not subject to any claims by others, such as liens.The purchaser has a right to purchase the goods.The goods correspond accurately to a description or sample.

Which of the following is not a real contract?*1 pointDepositPledgeCommodatumContract of Sale

A retention of title clause in a contract of sale can be made:a.all of the above.b.if impliedly part of the agreement;c.if the surrounding circumstances indicate that that was the intention of the parties;d.only if expressly stated in the contract;

Which of the following is NOT an essential element of a contract of sale under the Sale of Goods Act, 1930?a.Offer and acceptanceb.Intention to create legal relationsc.Considerationd.Consent through coercion

Even when a breach of contract on the sellers part occurs,Multiple select question.the buyer typically still wants the goods.the buyer will have many alternatives.the buyer may not have alternatives.the buyer will not want the goods.

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.