A provision of a contract that explicitly share a promise
Express Term
A provision that is not expressly included but that is necessary to give effect to the parties intention.
Implied Term
Guiding prnciples for constructing(interpreting) the terms of a contract
Rules for construction
A term in a contrcact in which the parties agree that their contrcat is complete as written
Entire contract clause
A rule that limits the evidence a praty can introduce concering the contracts contents
Parol Evidence Rule
Awarding one party a reasonable sum for the goods and services provided under a contract
Contractual Quantum Meruit
A tern of a contract that limits liability for breach to something less than would otherwise be recoverable
Limitation of liability clause
A term of a contract that identifies events causing a loss for which there is no liability
Exemption clause
A term of o contract that specefies how much one party has to pay the other in the event of a breach
Liquidated Damages Clause
