
Implied Contracts
Implied contracts are agreements formed by the actions, behaviors, or circumstances of the parties involved, rather than written or spoken words. For example, when you go to a restaurant, it’s implied that you will pay for your meal, even if you don’t sign anything. There are two types: implied-in-fact contracts, established by the parties' conduct, and implied-in-law contracts (or quasi-contracts), created by law to prevent unfairness. Essentially, implied contracts ensure that expectations based on actions are recognized legally, even if they're not explicitly stated.