Implied Terms
A term may either be expressed 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: Contractual Terms In English Law
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)
“Picture the prince, such as most of them are today: a man ignorant of the law, well-nigh an enemy to his people’s advantage, while intent on his personal convenience, a dedicated voluptuary, a hater of learning, freedom and truth, without a thought for the interests of his country, and measuring everything in terms of his own profit and desires.”
—Desiderius Erasmus (c. 1466–1536)