Which contract is created by the conduct of the parties?
Understand the Problem
The question asks about the type of contract created based on the actions or behavior of the parties involved. This requires understanding different types of contracts and how they are formed.
Answer
Implied contract.
An Implied contract is created by the conduct of the parties.
Answer for screen readers
An Implied contract is created by the conduct of the parties.
More Information
Implied contracts are based on the actions of those involved. Implied contracts can be implied-in-fact or implied-in-law.
Tips
It is important to differentiate between implied and express contracts. Express contracts require explicitly stated terms, either orally or written, whereas implied contracts are recognized through the conduct of the parties.
Sources
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