Definition from Nolo’s Plain-English Law Dictionary
A contract that is found to exist even when its terms are not explicitly stated because 1) the parties assumed a contract existed (implied-in-fact contract), or 2) denying the contract's existence would result in unjust enrichment to one of the parties (implied-in-law contract). Compare: express contract
Definition provided by Nolo’s Plain-English Law Dictionary.
August 19, 2010, 5:17 pm