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implied obligation

См. также в других словарях:

  • implied obligation — See implied contract …   Ballentine's law dictionary

  • implied covenant of good faith and fair dealing — An implied obligation that assumes that the parties to a contract will act in good faith and deal fairly with one another without breaking their word, using shifty means to avoid obligations, or denying what the other party obviously understood.… …   Law dictionary

  • obligation — A generic word, derived from the Latin substantive obligatio, having many, wide, and varied meanings, according to the context in which it is used. That which a person is bound to do or forbear; any duty imposed by law, promise, contract,… …   Black's law dictionary

  • obligation — ob·li·ga·tion /ˌä blə gā shən/ n 1: a promise, acknowledgment, or agreement (as a contract) that binds one to a specific performance (as payment); also: the binding power of such an agreement or indication held that the amendment did not… …   Law dictionary

  • implied — im‧plied [ɪmˈplaɪd] adjective not stated openly, but understood to exist or to be true: • Disney argued that it had an oral contract and an implied license to use the Muppet characters. * * * implied UK US /ɪmˈplaɪd/ adjective [usually before… …   Financial and business terms

  • Implied authority — of Contract is a legal term. In contract law, it is the implied ability of an individual to make a legally binding contract on behalf of an organization, by way of uniform or interaction with the public on behalf of that organization. When a… …   Wikipedia

  • Implied warranty — Contract law Part o …   Wikipedia

  • implied — This word is used in law in contrast to express ; i.e., where the intention in regard to the subjectmatter is not manifested by explicit and direct words, but is gathered by implication or necessary deduction from the circumstances, the general… …   Black's law dictionary

  • implied — This word is used in law in contrast to express ; i.e., where the intention in regard to the subjectmatter is not manifested by explicit and direct words, but is gathered by implication or necessary deduction from the circumstances, the general… …   Black's law dictionary

  • Implied — Imply Im*ply , v. t. [imp. & p. p. {Implied}; p. pr. & vb. n. {Implying}.] [From the same source as employ. See {Employ}, {Ply}, and cf. {Implicate}, {Apply}.] 1. To infold or involve; to wrap up. [Obs.] His head in curls implied. Chapman. [1913… …   The Collaborative International Dictionary of English

  • implied warranty — A statement, description, or undertaking by the insured under a marine policy which binds the insured as though expressed in the contract. Procacci v United States Fidelity Ins. Co. 118 NJL 423, 193 A 180. In sale of personal property: a warranty …   Ballentine's law dictionary

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