Implied Terms

Legal Definition and Related Resources of Implied Terms

Meaning of Implied Terms

In a contract those that, although not expressly agreed upon between parties , the law would infer to be part of the engagement between them. Divided into two classes: (1) Those terms which are applied by formula to all contracts of a certain class by reason of general rules of law, unless inconsistent with the express terms, e.g., implied warranties or. the sale of goods . (2) Those which are merely the product of the interpretation of the express terms of the individual contract read in the light of its subject matter and circumstances under which same was made. Such terms vary with the circumstances of the individual case. The latter are such as must necessarily be implied from the express terms of the contract, interpreted ir. the light of the subject matter and surrounding circumstances, in order to give the contract efficacy and produce a workable agreement .

Related Entries of Implied Terms in the Encyclopedia of Law Project

Browse or run a search for Implied Terms in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.

Implied Terms in Historical Law

You might be interested in the historical meaning of this term. Browse or search for Implied Terms in Historical Law in the Encyclopedia of Law.

Legal Abbreviations and Acronyms

Search for legal acronyms and/or abbreviations containing Implied Terms in the Legal Abbreviations and Acronyms Dictionary.

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