When a rainstorm erupts outside Rita's Gift Shop, Rita and Shaw enter into an implied contract to split the revenue from Shaw's sale of umbrellas to Rita's customers. The terms of this contract are defined by

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An implied contract is based on the conduct and actions of the parties involved rather than an explicit agreement. In this scenario, Rita and Shaw have acted in a way that implies an agreement to split the revenue from umbrella sales. This agreement is defined by their conduct rather than any specific words or intentions. The unforeseeable storm may have created the opportunity for the agreement, but it does not define the terms of the contract. The subjective intent of the parties is also not relevant as an implied contract does not require explicit statements of intent.

When a Rainstorm Erupts Outside Rita's Gift Shop, Rita and Shaw