The meaning of an implied contract is drawn from the:
A) actions and conduct of the parties.
B) interpretations of a written contract.
C) interpretations of an oral contract.
D) actions of third parties.

Question

Quizplus · Accepted Answer

An implied contract is created by the actions and conduct of the parties involved. It is not based on a written or oral agreement, but rather on their behavior and the reasonable expectations of each party. Third-party actions may be relevant in some cases, but they are not the primary basis for an implied contract.

The Meaning of an Implied Contract Is Drawn from The