An express contract is an agreement with clearly stated terms to which both parties are bound at the time it is formed. This contract may be either oral or written. It must demonstrate an offer. An express contract is a written or oral agreement between parties that includes a definite offer, acceptance, and consideration. Learn how to distinguish an express contract from a contract.
An Express Contract
Explore the essentials of express contracts, including legal requirements, examples, and considerations for both written and oral agreements. Express contracts are a fundamental aspect of contract law, playing a crucial role in personal and business transactions.