Asked by jayden pineda on Jul 12, 2024

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Define and give an example of an express contract and an implied contract.

Express Contract

An agreement with clear, explicit terms that are communicated verbally or in writing between parties.

Implied Contract

A contract that arises not from words of agreement but from the conduct of the parties.

  • Develop an understanding of the multitude of contract types, including bilateral, unilateral, implied, and express, along with comprehending their exclusive characteristics and legal implications.
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Salah UsmanJul 18, 2024
Final Answer :
Express contracts have all their terms clearly set forth in either written or spoken words.Implied contracts arise not from words,but from the conduct of the parties.An example of an express contract is when terms are clearly laid out and parties enter into an agreement.An example of an implied contract is going to the dentist's office in an emergency.Although prior to treatment there might not be negotiation about payment or even any mention of payment,the patient is bound by an implied contract to pay for the emergency services the dentist performs.