Image from Google Jackets

Voidness for uncertainty in obligations

By: Series: New Law Journal ; 151(7000) 21 September 2001, 1369-1370(2)Publication details: 2001Subject(s): Summary: Discusses case law that has arisen from, and dealt with the interpretation of, vague phrases contained in contracts. These include "Hackney LBC v Thompson", in which the meaning of the phrase: 'the due proportion of the reasonably estimated amount required to cover the costs and expenses incurred..' was considered. Also considers case law that has involved the interpretation of vagueness in rent reviews and options to renew, such as the phrase: 'a rent to be agreed'. Advises parties not to provide in their contracts for something to be agreed in the future, and to expressly state the course of action that will be taken if agreement is not reached.
Holdings
Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS64560 (Browse shelf(Opens below)) 1 Available 114966-1001

Discusses case law that has arisen from, and dealt with the interpretation of, vague phrases contained in contracts. These include "Hackney LBC v Thompson", in which the meaning of the phrase: 'the due proportion of the reasonably estimated amount required to cover the costs and expenses incurred..' was considered. Also considers case law that has involved the interpretation of vagueness in rent reviews and options to renew, such as the phrase: 'a rent to be agreed'. Advises parties not to provide in their contracts for something to be agreed in the future, and to expressly state the course of action that will be taken if agreement is not reached.