Explain the difference between an implied term and an express term? Why is it sometimes difficult to

Question:

Explain the difference between an “implied term” and an “express term”? Why is it sometimes difficult to determine the meaning of an express term?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0133847154

5th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

See More Books

Question Posted: Feb 20, 2019 11:16 AM

See More Questions

Explain the difference between an LP and an LLP.
Explain the difference between an S and a C corporation.
Explain the difference between an accelerated depreciation method and one that is not accelerated. Give an example of each.
A potential difference of 1.20 V will be applied to a 33.0 m length of 18-gauge copper wire (diameter = 0.0400 in.). Calculate (a) The current, (b) The magnitude of the current density, (c) The...
Charter City issued $100 million of 6 percent, 20year general obligation bonds on January 1, 2017. The bonds were sold to yield 6.2 percent and hence were issued at a discount of $2.27 million (i.e.,...
Write an SQL statement to display SKU_Description and SKU.
Provide a proof of Theorem 5.5.
An economist reports that 560 out of a sample of 1,200 middle-income American households actively participate in the stock market. a. Construct the 90% confidence interval for the proportion of...
Depreciation expense. Richardses' Tree Farm, Inc. has just purchased a new aerial tree trimmer for $89.000. Calculate the depreciation schedule using a seven-year life (for the property class...
Jaylen has asked you to make a retirement planning presentation to the employees at Troy Metals Inc. as part of a financial literacy day. Your presentation will last approximately 60 minutes with...
You work at a company called CuddleTech (CT). CT operates a website where users can play 3-D interactive video games online. When users create an account for the CT website, they are required to...
Lila and Binyamin decided that they would like to spend the first few years of their retirement sailing around the world. Because they would be spending so much time on the boat, they decided they...
While driving in an exotic foreign land you see a speed limit sign on a highway that reads 180,000 furlongs per fortnight. How many miles per hour is this? (One furlong is 1/8 mile, and a fortnight...
+ Given f(x) = x - 9 and g(x) = x+9, complete the following. (a) Find f(g(x)) and g(f(x)). (Simplify your answers completely.) f(g(x)) = g(f(x)) = (b) What does this tell us about the relationship...
Case Study - Rhonda Rhonda is a 28-year-old woman who has been referred to your agency by a local probation officer. Rhonda reported that she has "fired" three counselors in the past and most...
Calculating depreciationpartial periods LO2, 3 West Coast Tours runs boat tours along the west coast of British Columbia. On March 5, 2020, it purchased, with cash, a cruising boat for $936,000,...
Question 1. Write down the form of partial fractions needed to decompose the following: 482+2 (a) s32s24s 482+2 (c) s36s20 482 +2 - 4s8 (b) 8. 3 - 282 482+2 (d) s3 +2s2 - 2 Note: You are not being...
On December 31, 2022, Ace Hardware reported the following information on its balance sheet Accounts Receivable Allowance for Doubtful Accounts $900,000 $54,000 (credit) During 2023, the Company had...
The do-while loop is this type of loop. a. Pretest b. Posttest c. Prefix d. Postfix
Organizations are increasing their use of personality tests to screen job applicants. What are some of the advantages and disadvantages of this approach? What can managers do to avoid some of the...
Akers, a licensed practical nurse (LPN) who worked for Southwood, a long-term care and rehabilitation facility, was assigned to care for 140 patients by herself. She wrote a letter to the assistant...
Hoban worked for Texas Tech as a First Responder Coordinator. She was responsible for training and quality assurance for those responding to nonmedical emergencies, establishing medical protocols for...
In 1995, Lewis and other African Americans took a written test to be Chicago firefighters. Chicago then announced that it would randomly draw candidates for the positions from a list of...
Machinery is purchased on May 15, 2015 for $120,000 with a $10,000 salvage value and a five year life. The half year convention is followed. What method of depreciation will give the highest amount...
Flint Corporation was organized on January 1, 2020. It is authorized to issue 14,000 shares of 8%, $100 par value preferred stock, and 514,000 shares of no-par common stock with a stated value of $2...
Question 24 Not yet answered Marked out of 1.00 P Flag question Muscat LLC's current assets and current liabilities are OMR 258,000 and OMR 192,000, respectively. In the year 2020, the company earned...

Explain the difference between an implied term and an express term? Why is it sometimes difficult to

Question:

Step by Step Answer:

An implied term is a contract term that arises by operation of the law x eithe...View the full answer

Managing the Law The Legal Aspects of Doing Business

Students also viewed these Business questions