implied contract -
61contract — A legally binding agreement. Agreement arises as a result of an offer and acceptance, but a number of other requirements must be satisfied for an agreement to be legally binding: • there must be a consideration (unless the contract is by deed); • …
62contract — A legally binding agreement. Agreement arises as a result of an offer and acceptance, but a number of other requirements must be satisfied for an agreement to be legally binding: • there must be a consideration (unless the contract is by deed); • …
63implied rescission — A rescission of a contract which the law implies when the parties make a new contract concerning the same matter with terms so inconsistent with the terms of the former contract that they cannot stand together. 17 Am J2d Contr § 493. A rescission …
64Implied Warranty — Under a sales contract, whether written or oral, there is a guarantee that the item sold is merchantable and fit for the purpose intended. This guarantee arises by operation of law and is in addition to any expressed warranties that are provided… …
65implied agreement — (1) Implied in fact. One inferred from the acts or conduct of the parties, instead of being expressed by them in written or spoken words. (2) Implied in law; more aptly termed a constructive or quasi contract. One where, by fiction of law, a… …
66implied agreement — (1) Implied in fact. One inferred from the acts or conduct of the parties, instead of being expressed by them in written or spoken words. (2) Implied in law; more aptly termed a constructive or quasi contract. One where, by fiction of law, a… …
67implied ratification — An inference from a course of conduct, lapse of time, or acquiescence, indicating an intention to approve, confirm, and adopt something which in the first instance he might have successfully avoided. Peter v Irwin, 69 W Va 200, 71 SE 115.… …
68implied lien — A lien which may be created in the absence of an express contract, based upon the fundamental maxims of equity and which may be implied and declared by a court of equity out of general considerations of right and justice as applied to the… …
69contract — An agreement between two or more parties that is enforceable in law. Contracts may be written, verbal, or even implied by circumstances, but to be legally binding a contract must normally be accompanied by some form of *consideration …
70contract implied in fact — See contract …
