Implied Terms Flashcards

1
Q
A
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2
Q

When will a court imply a term into a contract?

A

If it is necessary to give the contract business efficacy.

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3
Q

How can terms be implied based on industry practices?

A

Terms may be implied based on custom and usage in the industry or market standard for the relevant field.

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4
Q

What else can lead to implied terms in a contract?

A

Terms may also be implied based on a regular and consistent course of dealings between the parties.

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5
Q

What happens if a contract is too vague or incomplete?

A

If a contract is so vague that a court cannot determine the parties’ intentions, the court will not enforce it.

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6
Q

Can a court enforce a contract if part of it is uncertain?

A

Yes, the court may sever the uncertain part and enforce the rest of the contract if it doesn’t affect the whole.

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