Multiple choice

Implied contract, even if not in writing or express words, is perfectly ________ if other conditions are satisfied.

  1. void

  2. valid

  3. voidable

  4. illegal

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Implied contracts are formed through conduct rather than explicit words or writing. They are equally valid and enforceable when the essential elements of a contract (offer, acceptance, consideration) are present. Many contractual relationships arise by implication from the parties' behavior.