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    LKEWON's Avatar
    LKEWON Posts: 33, Reputation: 3
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    #1

    Apr 29, 2011, 10:34 AM
    Implied Contracts
    Would an Implied Contract be the same as an oral agreement that was vague in its content yet still agreed upon?
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    AK lawyer Posts: 12,592, Reputation: 977
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    Apr 29, 2011, 11:46 AM

    No. An express contract, whether in writing or not, is what the parties specifically agreed.

    An implied contract, on the other hand, is a contract established by the actions of the parties, this conduct being deemed to imply an agreement, and is not founded on what the said or wrote.

    Suppose I go into a self-service cafeteria, help myself to some food, and then try to leave. I have entered into an implied contract to pay for the food, despite the fact that no one said or wrote anything.
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