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Từ vựng:

implied term

Giải nghĩa:

/ɪmˈplaɪd tɜrm/ – Phrase


Definition: Điều khoản ngầm định.

A more thorough explanation: a contract term that is created by law (case law or statute law) as opposed to an express term that is created by the parties to a contract

Example: If someone tries to sell you something, it is an implied term of the contract that they own the goods in the first place.