Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions

CIPS Exam L3M3 Topic 1 Question 10 Discussion

Actual exam question for CIPS's L3M3 exam
Question #: 10
Topic #: 1
[All L3M3 Questions]

What do we call a contract term which is part of the contract, but which is not written into the con-tract documents?

Show Suggested Answer Hide Answer
Suggested Answer: A

In English law, implied terms exist, even if you can't see them in the contract documents. They commonly derive from statute. An example is the Sale of Goods Act.


Contribute your Thoughts:

Taryn
8 months ago
Yeah, I agree. I'll go with 'Implied' too. It seems the most logical.
upvoted 0 times
...
Tomoko
8 months ago
'Hidden' and 'Vague' don't sound correct. They don't fit the context of unwritten terms.
upvoted 0 times
...
Diego
9 months ago
That makes sense. 'Express' means it's clearly written, right?
upvoted 0 times
...
Chara
10 months ago
I'm pretty sure it's 'Implied'. It's something understood without being explicitly stated.
upvoted 0 times
...
Tomoko
10 months ago
Same here! What do we call a term in the contract that isn't written in the documents?
upvoted 0 times
...
Taryn
10 months ago
I got stuck on this question about contract terms. It felt tricky.
upvoted 0 times
...

Save Cancel