In the context of contracts formed by interactions of parties,which of the following arises from the conduct of the parties rather than from words?
A) express contracts
B) implied-in-fact contracts
C) executed contracts
D) void contracts
E) adhesion contracts

Question

Quizplus · Accepted Answer

There are implied-in-fact contracts, which arise from the conduct of the parties rather than from words. For instance, asking a person such as an accountant for professional advice implies a promise to pay the going rate for this advice even though one does not make an express promise to pay for it.

In the Context of Contracts Formed by Interactions of Parties,which