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Essay

Implied Terms

Essay specific features

 

Issue:

Business

 

Written by:

Julian H

 

Date added:

June 2, 2013

 

Level:

University

 

Grade:

B

 

No of pages / words:

7 / 1877

 

Was viewed:

9759 times

 

Rating of current essay:

 
Essay content:

Express terms are material terms stated by the parties involved, and can be interpreted in 3 ways; Oral, Written, Oral and Written. Implied terms are terms normally not stated or not known by the parties, and may be derived from Custom/Usage, Court, or Statute. Custom terms are referenced to conventions or usages in a particular industry or trade...
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Custom terms are referenced to conventions or usages in a particular industry or trade. Court terms are adopted when an oversight of the parties occur, in order to give ?business efficacy' to the contract based on prior or past dealings. Statute terms are referred to the various states, territories and Commonwealth Trade Practices Act when the contract is formed...
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General issues of this essay:
Implied Terms Piercy's Use Of Implied And Ex Words And Their Implied Meanings The Formation Of An Individual: Cases, Terms, & Tools Terms terms Mid Terms Terms Heideggerian Terms Mortgages Terms Computer Terms Terms of reference pschology terms Chemistry Terms Organizational Terms
 

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