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CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 93 Topic 10 Discussion

CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 93 Topic 10 Discussion

BA4 Exam Topic 10 Question 93 Discussion:
Question #: 93
Topic #: 10

Which of the following statements is correct?

(i) A term may be implied into a contract by statute.

(ii) A term may be implied into a contract on the ground that it is a trade custom.

(iii) A term may be implied into a contract by a court in order to give the agreement "business efficacy".


A.

(i) only


B.

(i) and (ii) only


C.

(iii) only


D.

(i), (ii) and (iii)


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