Question: commercial law There are several differences between terms implied in fact and terms implied in law. Which ONE of the following statements provides a valid

commercial law

There are several differences between terms implied in fact and terms implied in law. Which ONE of the following statements provides a valid difference between the two types of implied terms? Select one: O a. Terms implied in fact are not subject to the parole evidence rule, whereas terms implied in law are. O b. Where the court implied a term in fact, a precedent will be created so that a similar term will be implied into all similar contracts, Such a precedent is not set where a term is implied in law. O c. Terms implied in fact are based on the imputed intentions of the parties, whereas terms implied in law are not based on the intentions of the parties O d. Terms implied in law are always implied by statute, whereas terms implied in fact are implied by the courts
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