ABSTRACT

[15.01] The statutory obligations as to delivery and payments will be dealt with in Chap 23; and it remains to consider here the residue of undertakings 1 as to the character and quality of goods implied by statute (see para 15.02 ) or common law (see para 15.21 ). Furthermore, discussion of all the express and implied terms and obligations considered in Chaps chap 11–chap 15 for the most part assume a two-party transaction. In Chap 16 there will be considered the effect upon these terms and obligations of the fact that the transaction is financed by lender credit. The wider ramifications of liability back up the chain of distribution will be discussed in Chap 17. Lastly, attempts to avoid or reduce this liability by suitable wording is the subject of Chap 18.