An Implied Contract Is Not an Actual Contract

question 54

True/False

An implied contract is not an actual contract.

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Definitions:

Activity Sequence

The order in which tasks or activities must be carried out to successfully execute a project plan, usually depicted in a project schedule.

Project Logic

The rational and structured reasoning or sequence that underpins the planning and execution strategy of a project.

Project Resources

The various assets, such as time, money, personnel, and tools, allocated to achieve the objectives of a project.

Activities

Tasks or actions that are part of a project or process.