Asked by OfficialAuzzi Clitnovici on Jun 24, 2024
Verified
When a storm erupts outside Reba's Diner, Reba and Shaw quickly enter into an implied contract to split the revenue from Shaw's sale of umbrellas to Reba's customers. The terms of this contract are defined by
A) the conduct of the parties.
B) the written words of the parties.
C) the unforeseeable storm that gave rise to the deal.
D) the fortuity of the deal's timing and the parties' proximity.
Implied Contract
A contract formed by the actions, behavior, or circumstances of the parties involved, rather than written or spoken words.
Conduct Of The Parties
Behaviors, actions, and interactions of the individuals or entities involved in a legal agreement or dispute.
- Recognize the features of implied contracts determined by the actions of the involved parties.
Verified Answer
BS
Breland StewardJun 24, 2024
Final Answer :
A
Explanation :
The terms of an implied contract are defined by the conduct of the parties, as their actions demonstrate their agreement to the terms of the contract without the need for written or spoken words.
Learning Objectives
- Recognize the features of implied contracts determined by the actions of the involved parties.