An Implied in Fact Contract Is Formed by Conduct

question 5

True/False

An implied in fact contract is formed by conduct.

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Definitions:

Average Number

A central value of a numerical set, typically calculated as the sum of the values divided by the count of numbers.

Poisson Distribution

A probability distribution used to model the number of times an event occurs in a fixed interval of time or space, assuming events occur with a known constant mean rate and independently of the time since the last event.

Post Office

A public facility or institution responsible for handling mail services, including the collection, sorting, and delivery of letters and packages.

Probability

The likelihood or chance of an event occurring.