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OCR Contract Law
Terms
Puffs, Representations, and Terms
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Cards (4)
A
puff
is a statement no
reasonable person
would
take seriously.
No
action
in
contract
is available if the statement proves to be
wrong.
Representation
is a statement of
fact
which is not part of the contract. If the statement is wrong, it can be
misrepresentation.
A term is a
promise
or
undertaking
that is part of the
contract itself.
If a term is
broken
, a party can claim for
breach.
Puffs
,
representations
, and
terms
are all
pre-contractual
statements.