Question

Which statement describes the difference between an implied contract and an expressed contract? a. An implied contract is understood by the actions of the parties; an expressed contract is clearly stated verbally or in writing. b. An implied contract is written; an expressed contract is oral. c. An implied contract has less legal value than an expressed contract. d. Physicians use expressed contracts while other health care workers use implied contracts.

Answer 1

Answer:

a. An implied contract is understood by the actions of the parties; an expressed contract is clearly stated verbally or in writing.

Explanation:

An implied contract is not written or verbally stated. The parties interpret what they should do and what the contract is about by understanding the context and the issues concerning the situation, it is never explicitly said what the obligations or rules are.

On the other hand, Expressed contracts clearly state what the two parties compromise to and what they can and can not do. It can be a written or a verbal contract, but the intentions are clear.