Implied term: Difference between revisions
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imported>Doug Williamson m (Spacing and category added 27/8/13) |
imported>Doug Williamson m (Link to Statute page.) |
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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. | 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. | Certain implied terms cannot be excluded even by express agreement of the parties. | ||
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* [[Express term]] | * [[Express term]] | ||
[[Category: | [[Category:Compliance_and_audit]] | ||
Revision as of 13:06, 24 October 2013
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.
