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What Is a Contract? Explain the Differences Between Express and Implied

question 14

Essay

What is a contract? Explain the differences between express and implied contracts.


Definitions:

Reasoning

The mental process of generating conclusions, judgments, or inferences from facts or premises.

Values

Fundamental beliefs or principles that guide behavior and decision-making.

Beliefs

Mental attitudes or positions held by individuals that something is true or exists, even without empirical evidence.

Intentions

Plans or objectives that a person intends to accomplish or bring about.

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