What kind of contract is based on the conduct of the parties?
A) express
B) action-oriented
C) implied-in-fact
D) implied-in-law
E) quasi-contract

Name: What kind of contract is based on the conduct of the parties? A) express B) action-oriented C) implied-in-fact D) implied-in-law E) quasi-contract
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Question

Quizplus · Accepted Answer

An implied-in-fact contract is based on the conduct of the parties rather than an express agreement. It is inferred from their conduct and the circumstances surrounding a transaction.

What Kind of Contract Is Based on the Conduct of the Parties