Express contracts occur when:
A) the contract is created by more than two parties
B) the contract is created quickly
C) there is no written or oral expression of intent by the parties to enter into a legally binding agreement
D) there is a written or oral expression of intent by the parties to enter into a nonbinding agreement
E) none of the other choices are correct

Question

Quizplus · Accepted Answer

Express contracts occur when there is a written or oral expression of intent by the parties to enter into a legally binding agreement. None of the other choices are correct as A, B, and D do not accurately describe express contracts, and C describes a situation where there is no contract at all.

Express Contracts Occur When