👉 Implied promise is a legal term used in contract law. It refers to a statement made by one party that, while not legally binding, could be relied upon as an agreement or obligation to perform a certain act if such an agreement were entered into between the parties. In essence, it means that the other party has agreed to fulfill their obligations under the contract without actually being bound by them. This is often used in situations where one party's actions are ambiguous or not explicitly stated and require interpretation by
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What is the definition of Impledges? 🙋
👉 Implied pledges are a type of contract or agreement where one party makes an additional promise that is not explicitly stated in the original contract. This additional promise may be made by a third party, and it is often used to create ambiguity or uncertainty regarding the terms of the original contract. In many jurisdictions, implied pledges are considered as part of the consideration for entering into a contract. However, they can also arise when one party makes an additional promise that is not explicitly stated in the contract itself, such
What is the definition of Impledged? 🙋
👉 In the context of legal and ethical matters, impledged refers to a promise or commitment that is made by one person but not necessarily fulfilled by another. This can refer to promises made by individuals in a business relationship, such as an employee's promise to perform certain tasks for their employer, or it could be more general and apply to agreements between parties without clear legal obligations. Impledged can also refer to the process of making a promise that is not actually fulfilled, which involves both the party
