Business Studies, asked by shiny6145, 7 months ago

What is the difference between Implied contract and Tacit contract ?​

Answers

Answered by ayesha945500
1

Implied Contract :

an implied contract is created when two or more parties have no written contract, but the law creates and obligation in interest of fairness based on the parties conduct or circumstances .

Tacit Contract :

tacit contract are those that are inferrred throw conduct of parties .

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