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Expressed vs. Implied Contracts: Differences & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Jerome wants to sell his condo. When Manny arrived at Jerome's condo to view it, he fell and hit his head on the fireplace mantle. Lucky for Manny, Jerome is a surgeon and provided medical attention to Manny. When Manny was ready to leave Jerome's condo, Jerome handed him a bill for services rendered. What gives Jerome the right to charge for the medical treatment?

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1. Which of the following is NOT an element of an expressed contract?

2. Don wants to buy a new car. He doesn't have enough cash to pay for it, so he decides to take out a loan. The contract states the loan amount and includes other important things like interest payments, the term of the loan and Don's signature. Which type of contract is this?

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About This Quiz & Worksheet

This quiz and worksheet will check your understanding of the difference between expressed and implied contracts. The quiz will test you on such concepts as the elements of expressed contracts and types of implied contracts.

Quiz & Worksheet Goals

Use these assessment tools to test your knowledge of:

  • The elements of expressed contracts
  • Types of implied contracts
  • Differences between expressed and implied contracts

Skills Practiced

  • Making connections - use understanding of the concept of contracts in different contexts
  • Interpreting information - verify that you can read information regarding expressed and implied contracts and interpret it correctly
  • Distinguishing differences - compare and contrast topics from the lesson, such as expressed and implied contracts

Additional Learning

To learn more about expressed and implied contracts, review the accompanying lesson on 'Expressed vs. Implied Contracts: Differences & Examples.' The lesson covers the following objectives:

  • Understand the elements of an expressed contract
  • Understand the types of implied contracts
  • Distinguish between implied in fact and implied in law contracts
  • Define unjust enrichment and restitution
  • Distinguish between expressed and implied contracts
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