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What are the contents of a contract called, and how might they be categorised?

Contracts contain terms, which are usually in the form of written clauses. Contractual terms can be categorised as: (1) express terms or implied terms, depending on whether they have been stated in writing or orally or not; and as (2) conditions or warranties, depending on the rights of the injured party if the term is breached.

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Written by Ship Inspection

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