#49 Condition, innominate or will-o'-the wisp?

In this second of their trilogy of 'look-back' cases, Luke and Calum explore the salient case of Bunge Corporation (New York) v Tradax Export SA (Panama) [1981] APP.L.R. 02/25. As Luke is preparing to launch the inaugural course on International Shipping and Commodities Law at the University of Wollongong, he reviews key older cases in the process. Ever wondered why time-based delivery clauses in a commodities sale and purchase contract are (typically) considered to be conditions? Ever wondered what is an innominate term? Ever wondered how to tell the difference between a condition and an innominate term? Ever wondered what is a 'will-o'-the-wisp'? Listen in for answers and check out our ⁠YouTube channel.