Implied term: Difference between revisions
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''Law.'' | ''Law.'' | ||
A provision of a contract not expressly agreed to by the parties in words but either regarded by the courts as necessary to give effect to their presumed intentions or introduced into the contract by statute. Certain implied terms cannot be excluded even by express agreement of the parties. | |||
A provision of a contract not expressly agreed to by the parties in words but either regarded by the courts as necessary to give effect to their presumed intentions or introduced into the contract by [[statute]]. | |||
Certain implied terms cannot be excluded even by express agreement of the parties. | |||
== See also == | == See also == | ||
* [[Contract]] | * [[Contract]] | ||
* [[Express term]] | |||
*[[Provision]] | |||
*[[Term]] | |||
[[Category:Compliance_and_audit]] | |||
Latest revision as of 14:05, 6 July 2022
Law.
A provision of a contract not expressly agreed to by the parties in words but either regarded by the courts as necessary to give effect to their presumed intentions or introduced into the contract by statute.
Certain implied terms cannot be excluded even by express agreement of the parties.
