An Implied Contract Exists When Parties Form an Agreement from Their

question 50

True/False

An implied contract exists when parties form an agreement from their actions rather than from a specific oral or written agreement.

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Definitions:

Categories

Classifications or groupings used to organize content, items, or concepts based on common characteristics.

Projects

Planned sets of interrelated tasks to be executed over a fixed period and within certain cost and other limitations, aimed at achieving a specific goal.

View

A particular way of displaying or organizing data within a software application or database system.

Notes

Brief pieces of writing intended to assist the memory or provide additional information.