Express and Implied Terms

Frederick Wilmot-Smith

Oxford Journal of Legal Studies, 2023, vol. 43, issue 1, 54-75

Abstract: Contract terms can be express or implied. But what does that mean? I argue that the distinction can be illuminated by reference to the philosophy of language. Express terms are best understood by reference to the truth-conditional content of the parties’ agreement; implied terms are derived from express terms by a process of reasoning, albeit one aimed at establishing the parties’ commitments.

Keywords: contract law; contractual terms; express terms; implied terms; interpretation; philosophy of private law (search for similar items in EconPapers)
Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:oup:oxjlsj:v:43:y:2023:i:1:p:54-75.

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