Examlex
Although the German Reichstag was elected on the basis of universal male suffrage, it had little power because government ministers were responsible to the emperor rather than the parliament.
Implied-in-fact Condition
A legal term for a provision that, although not expressly stated, is presumed to be a part of an agreement based on the actions or circumstances of the parties.
Transaction
The act of conducting business or completing an exchange of goods, services, or funds between two or more parties.
Express Condition
An express condition is a specific, clearly stated requirement within a contract that must be fulfilled for the obligations of the contract to be performed.
Implied Covenant
An unspoken legal promise or guarantee, assumed to be included in a contract or transaction.
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