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Law
Of or pertaining to the system of rules which a particular country or community recognizes as regulating the actions of its members and which it may enforce by the imposition of penalties.
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Law > Contracts
implied notice
Law; Contracts
Cognizance of facts inferred from the knowledge a party is known to have, or would have if it had followed-up on the facts known to it.
implied trust
Law; Contracts
Trust that arises from the un-expressed and presumed intentions (inferred from a trustor's conduct, language, or relationships), or is enforced by a court as a result of ...
implied term
Law; Contracts
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 ...
implied warranty of fitness for a particular purpose
Law; Contracts
Under the principle of implied warranty, products (goods or services) must be fit for the 'ordinary' use for which they are intended. But where the seller (or provider or ...
implied warranty
Law; Contracts
Integral part of every normal sales transaction, implied warranty is conferred by custom or law, and has the same effect as an express-warranty. Unless clearly negated through ...
implied-in-law contract
Law; Contracts
Fictional contract imposed by a court as a legal remedy to prevent injustice. It is forced in favor of the wronged party, and against the party that obtains an undue advantage or ...
implied-in-fact contract
Law; Contracts
Contract automatically created when a party tacitly accepts a benefit at a time when it is possible to reject it. For example, if a seller ships goods without a customer's order, ...
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