Express contracts and implied in fact contracts:
A) are both genuine contracts.
B) are equally enforceable.
C) are not really contracts.
D) Two of these are true.

Question

Quizplus · Accepted Answer

Both express contracts and implied in fact contracts are genuine contracts and are equally enforceable. An express contract is one where the terms are stated explicitly, while an implied in fact contract is formed by the conduct of the parties that clearly indicates an agreement.

Express Contracts and Implied in Fact Contracts