Which of the following is a condition that is not explicitly stated, but is inferred from the nature and language of the contract?Multiple choice question.ImpliedMitigatingConcurrentExpress
Question
Which of the following is a condition that is not explicitly stated, but is inferred from the nature and language of the contract?Multiple choice question.ImpliedMitigatingConcurrentExpress
Solution
The correct answer is "Implied". This term refers to a condition or term in a contract that is not directly stated but is considered to exist or be in effect due to the nature of the agreement and the circumstances surrounding it.
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