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Implied term

Provision in a contract that is not directly stated in written or spoken words but is introduced into the contract (1) by the courts as necessary to give effect to the obvious intentions of the contracting parties, or (2) by a statute such as sale of goods acts.

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  • Part of Speech: noun
  • Synonym(s):
  • Blossary:
  • Industry/Domain: Law
  • Category: Contracts
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  • Acronym-Abbreviation:
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