The Court Will Imply Terms in a Contract Based on the Party's

question 17

True/False

The court will imply terms in a contract based on the party's expectations and which are necessary to give effect to the agreement.

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Definitions:

Competitors' Actions

involves analyzing and responding to the strategies, movements, and decisions made by rival businesses in the marketplace.

Customers' Preferences

The tastes, likes, or desires of consumers that influence their purchasing decisions.

External Force

Factors or influences originating outside an organization that necessitate change or adaptation by the organization.

Organizational Restructuring

The process of changing the structure or organization of a company to increase efficiency, effectiveness, or to adjust to new objectives.