Wear and Tear Lecture Notes

Definition

• Wear and Tear: Damage caused to something by normal use over time.
  • Examples: Shoes lasting a year or two, a hammer wearing out after years of use.

Key Points

• Exclusion from Guarantees: Many guarantees do not cover normal wear and tear.
• Ordinary Use: Damage from normal usage, even when items are well cared for.
  • Example: A hammer experiencing repeated impacts.

Stress from Normal Life

• Impact of normal usage
  • Items suffer wear and tear despite proper use and servicing.
  • Example: Car seats experiencing wear over time.

Depreciation

• Accounting Context: Wear and tear often discussed for depreciation.
  • Machines, buildings, cars, etc., lose value over time due to wear and tear.
  • Depreciation example: £10,000 machine depreciating £1,000 per year over 10 years.

Longevity and Repair

• Quality of construction impacts wear and tear.
  • Example: Houses need repairs over time.

Gradual Deterioration

• Wear and tear leads to gradual breakdown.
  • Example: Mechanical parts in a machine deteriorate until unusable.

Rental Properties

• Normal wear and tear expected in rental agreements.
  • Landlords must consider wear and tear on property components.

Human Body

• Wear and tear analogy for the human body over time.
  • Regular body usage, repair mechanisms, but still experiences deterioration.

Formality Level

• Formality: 5/10 (can be used in a variety of contexts).

Etymology

• Wear: From Proto-Germanic wasjanana (to clothe, wear out).
• Tear: To break or rip.

Conclusion

• Damage or change from normal use.
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