Implied terms are provisions that are not expressly stated in a contract but are assumed to be included based on the nature of the agreement, common law, or statutory requirements.
Certainty of Terms: Definition and Terminology 6:49 Rule of Construction & Interpretation of Law | Overview & Example 9:30 Implied Terms in a Contract: Definition & Explanation 6:53 Parol Evidence Rule | Definition, Examples & Exceptions 7:07 6:51 Next Lesson Conditions in Contracts: ...
In contract law, the exculpatory clause definition refers to a part of a contract where one party cannot hold another party liable for any damages related to the terms of the contract. The term exculpate means that someone is cleared of any wrongdoing and is not guilty. Liability refers to ...
countries today, however, the legal documentation of a marriage is mainly a registration of the event. Basically, then, marriage in the legal sense is the implied creation of certain rights or obligations such as maintenance, marital property and succession rights, and the custody of minor ...
Public policy exception: This exception prevents employers from terminating employees for reasons that violate state or national public policy, such as firing an employee for filing a workers’ compensation claim or for refusing to engage in illegal activities at the request of the employer. Implied ...
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: a condition created by operation of law called also condition implied in law compare express condition in this entry — express condition : a condition created and explicitly stated by the parties to a contract compare constructive condition in this entry — potestative condition \ ˈpō...
Some jurisdictions do not allow the exclusion of implied warranties, so the above exclusion may not apply to You. LIMITATION OF LIABILITY AND INDEMNIFICATION: AMD AND ITS LICENSORS WILL NOT, UNDER ANY CIRCUMSTANCES BE LIABLE TO YOU FOR ANY PUNITIVE, DIRECT, INCIDENTAL, INDIRECT, SPECIAL OR ...
A legal disclaimer is also called a hedge clause. It is a statement by the publisher that defines the terms of service. The publisher attempts to limit its liability in the event of a lawsuit. The publisher wants to be protected and held harmless if an injury results from the use of the...
An agent may have express authority (via a written contract) or implied authority (entered into agreement based on actions) Performance Responsibilities of an Agent Duty of Contract All terms of any written agreement between an agent and a principal define the relationship between the two. For man...