Implied Terms
A term may either be express or implied. An express term is stated by the parties during negotiation or written in a contractual document. Implied terms are not stated but nevertheless form a provision of the contract.
Read more about this topic: Contract, Contractual Terms
Famous quotes containing the words implied and/or terms:
“The citizen who criticizes his country is paying it an implied tribute.”
—J. William Fulbright (1905–1995)
“One of your biggest jobs as a parent of multiples is no bigger than simply talking to your children individually and requiring that they respond to you individually as well. The benefits of this kind of communication can be enormous, in terms of the relationship you develop with each child, in terms of their language development, and eventually in terms of their sense of individuality, too.”
—Pamela Patrick Novotny (20th century)