implied condition

A condition that is not expressly mentioned, but is imputed by law from the nature of the transaction or the conduct of the parties to have been tacitly understood between them as a part of the agreement. See constructive condition; implied-in-fact condition. [Cases: Contracts 220. C.J.S. Contracts § 355.]

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词条贡献者

译者Wendy，欧洲知名商学院国际金融专业，擅长翻译各种与私募基金相关的法律文件。