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

commercial law

and terms implied in law. Which ONE of the following statements provides

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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