A Court Will Find an Implied Term

question 45

Multiple Choice

A court will find an implied term

• A)when it is necessary to bring the contract in accordance with the objectively reasonable intentions of the parties.
• B)in order to rewrite the contract so that it is a better deal.
• C)only if the parties had expressed it but forgot to write it down.
• D)only if a statute tells it to do so.
• E)whenever it wants and whatever term the court thinks would be useful.

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Definitions:

Locations

Refers to the geographical places where businesses or economic activities are situated, impacting accessibility, costs, and market reach.

Incentive

A factor, either monetary or non-monetary, that motivates individuals or entities to take a particular action.

Sales Agents

Individuals or entities that act on behalf of a company in selling and marketing its products or services to customers.

Best Interests

Acting in a way that is most beneficial to the welfare or advantage of an individual or group.