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Implied term: Difference between revisions
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{{box|if, while the parties were making their bargain, an officious bystander were to suggest some express provision for it in their agreement, they would testily suppress him with a common 'Oh, of course!'}} | {{box|if, while the parties were making their bargain, an officious bystander were to suggest some express provision for it in their agreement, they would testily suppress him with a common 'Oh, of course!'}} | ||
==={{tag| | ==={{tag|Commercially reasonable}} behaviour=== | ||
===={{tag|English law}}==== | ===={{tag|English law}}==== | ||
Under English law at least, legally the statement "Party A may do X” is the same as “Party A may, in its sole and absolute discretion, do X”, by simple application of the above principle. Reasonableness cannot be implied as a matter of common law as the term makes perfect sense without it. | Under English law at least, legally the statement "Party A may do X” is the same as “Party A may, in its sole and absolute discretion, do X”, by simple application of the above principle. Reasonableness cannot be implied as a matter of common law as the term makes perfect sense without it. | ||