Which of the following statements is the best description of an 'innominate term'?
A)A term in a contract,non-performance of which may result in rescission of the contract and/or damages to the plaintiff.
B)A term in a contract not essential to the main purpose of the contract,non-performance of which will not entitle the plaintiff to rescind the contract.
C)A term in a contract which cannot be classified until after the breach has occurred and the seriousness of the effects of the breach can be ascertained.
D)A term in a contract which provides that the contract will terminate on the happening of a particular event.

Question

Quizplus · Accepted Answer

An 'innominate term' is a term in a contract that cannot be classified as either a condition or a warranty until after a breach has occurred, at which point the seriousness of the breach and its effects are assessed to determine the appropriate remedy.

Which of the Following Statements Is the Best Description of an 'Innominate