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#contract #law #terms
There are some areas of commercial practice, however, where the value of certainty tends to outweigh the appeal of flexibility. In the case of The Mihalis Angelos [1971] 1 QB 164, the Court of Appeal was anxious to limit the application of the Hong Kong Fir approach in relation to a very specific type of commercial clause, namely an 'expected readiness to load' clause. As far as this type of clause is concerned, the court was content to hold that this clause was not innominate but was a condition.
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