A term in a contract that can reasonably be supplied by the courts is referred to as a(n) ________.
A) intent term
B) unconditional term
C) objective term
D) implied term

Question

Quizplus · Accepted Answer

An implied term is a term that is not expressly stated in a contract, but is nevertheless considered to be part of the agreement by implication. Such terms can be inferred from the nature of the transaction, the intentions of the parties, or the law. The courts can supply implied terms to give effect to the presumed intentions of the parties and to ensure that the contract operates fairly and reasonably.

A Term in a Contract That Can Reasonably Be Supplied