Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

implied contract

Read a random definition: prehire agreement

A quick definition of implied contract:

An implied contract is a type of legally enforceable promise that can be made in two ways. An express contract is when the promise is communicated orally or in writing, while an implied contract is when the promise is assumed to exist based on the conduct of the parties involved. There are two types of implied contracts: implied-in-fact contracts and implied-in-law contracts. An implied-in-fact contract is formed when parties' promises are inferred from their intentional conduct, while an implied-in-law contract is a legal obligation to compensate the other party when one party has been unjustly enriched.

A more thorough explanation:

An implied contract is a legally enforceable promise that is not explicitly stated but is inferred from the conduct of the parties involved. There are two types of implied contracts: implied-in-fact contracts and implied-in-law contracts.

An implied-in-fact contract is formed when the parties' promises are inferred from their intentional conduct. For example, if you go to a barbershop and receive a haircut, you are expected to pay for the service. Even if there is no explicit agreement, the conduct of the parties implies that there is an agreement to pay for the service.

An implied-in-law contract, also known as a quasi contract, is a legal obligation imposed on an unjustly enriched party to compensate the other party. This type of contract is not based on an explicit agreement but is instead based on the principle of fairness. For example, if you rescue someone in an emergency and they are unable to pay you for your services, you may be able to claim compensation under an implied-in-law contract.

Overall, an implied contract is a legally binding agreement that is inferred from the conduct of the parties involved. It can be enforced even if there is no explicit agreement, as long as the conduct of the parties implies that there is an agreement.

implied consent | implied covenant of good faith and fair dealing

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
babycat
19:43
We sharing Goodreads on here?
1a2b3c4d26z
19:43
jurassic park unironically good
1a2b3c4d26z
19:43
crime and punishment top 1
1a2b3c4d26z
19:43
im okay with being called basic for that one
2big2fail
19:44
im gatekeeping my current book
Dkk
19:44
@2big2fail: looks like an Aristotle wannabe.
2big2fail
19:44
whatever. im just reading the financial times
1a2b3c4d26z
19:44
ft goated
concorde
19:45
I hate Dostoevsky
2big2fail
19:45
studying cloud computing, not the cloud of unknowing
babycat
19:45
@1a2b3c4d26z: serotonin is my fave houellebecq
1a2b3c4d26z
19:45
chefs kiss mwah
2big2fail
19:45
i honestly dont understand why people like houellebecq
1a2b3c4d26z
19:45
I'll try to describe how I feel about him
2big2fail
19:46
my favorite french authors are balzac and proust, as basic as that is
1a2b3c4d26z
19:46
basically I read his book and the whole time I read it I liked it so I finished it and I said hm I liked that book written by the author houellebecq
1a2b3c4d26z
19:46
balzac hahaha
2big2fail
19:46
lost illusions is goated
does it take longer to hear back if u applied to scholarships for schools like ucla???
Dkk
19:47
For Houellebecq I have only read https://en.wikipedia.org/wiki/Atomised
JumpySubsequentDolphin
19:47
you guys should read averroes
also do we think ucla wont do a wave tmw cuz they did a tiny one tonight, can schools do 2 days ina. row
JumpySubsequentDolphin
19:47
perhaps read the incoherence of philosophy first and then read averroes’ response: “the incoherence of the incoherence”
2big2fail
19:47
@Dkk: i read that one. just thought it was boring and not really in touch with reality
JumpySubsequentDolphin
19:47
SPLITTY usually they’re Friday!
Dkk
19:48
@2big2fail: I agree.
HUH then what the heck is this wave tonight ab are they tryna give us an attack???
babycat
19:49
@texaslawhopefully: don’t really remember it but my ibooks library says i read it in 2020. that whole year is a haze.
Dkk
19:51
My favorite book though, The Good Morty: https://archive.org/details/TheGoodMorty
LSD+ is ad-free, with DMs, discounts, case briefs & more.