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What is difference between implied contract & implied offer?
Answers (6)
as you find the difference between contract and offer: 1. a contract is agreement inforcable by law. 2.an offer is willingness to do something or not to do something. 3. a contract is to be performed and it is accepted but a offer is to accept it can be accepted or rejected
Angry Toshniwal
as you find the difference between contract and offer: 1. a contract is agreement inforcable by law. 2.an offer is willingness to do something or not to do something. 3. a contract is to be performed and it is accepted but a offer is to accept it can be accepted or rejected
They are asking about implied contract and offer.Not this
1.When the offer is communicated through action or conduct but not by words , based on the circumstances of the case is a called as implied offer . 2.An implied contract is a non-verbal and unwritten , yet still legally binding â?? contract that exists based on the behavior of the parties involved or on a set of circumstances. For example, the implied warranty is a type of implied contract. When a product is purchased, it must be capable of fulfilling its function. A new refrigerator must keep food cool, or either the manufacturer or the seller has failed to meet the terms of an implied contract.
Implied contract is one where there is no expression of acceptance.It is accrued from the acts of the parties without expression.It is silent acceptance.Ex: Withdrawing money from ATM.When we insert debit card, without giving any express acceptance , ATM machine gives us money.This is implied contract Implied offer is where there is no offer made but it is accrued from the act of the party. Ex: Porter loads the luggage on behalf of us without even asked by us.This is implied offer
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