A(n)______ exists when parties form an agreement from their actions rather than from a specific oral or written agreement.
A) implied contract
B) express contract
C) personal contract
D) quasi-contract

Question

Quizplus · Accepted Answer

An implied contract exists when parties form an agreement from their actions, conduct or circumstances, rather than from a specific oral or written agreement. The terms and conditions of the contract can be inferred from the parties' behavior or the nature of their relationship.

A(n)______ Exists When Parties Form an Agreement from Their Actions