Posted by: Pdfprep
Post Date: April 5, 2021
ABC Ltd has entered into a contract with DEF Ltd. The contract provides that breach a particular term entitles the innocent party to terminate the contract.
What is the legal status of that term?
A . The term is a condition.
B . The term is a warranty.
C . The term is a penalty clause.
D . The term is an in nominate term.
Answer: A
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