Lashundra Jones_LS311_Unit 4 Case Analysis

Lashundra Jones_LS311_Unit 4 Case Analysis - Unit 4 Case...

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Unit 4 Case Analysis: Express versus Implied Contract 1 Unit 4 Case Analysis: Express versus Implied Contract Lashundra Jones Kaplan University LS311-03 Professor Thompson January 29, 2011
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Unit 4 Case Analysis: Express versus Implied Contract 2 Unit 4 Case Analysis: Express versus Implied Contract Based on the circumstances surrounding this case, I would say that there is an implied contract between Krunch and McDougal. An implied contract is one that is implied from the conduct of the parties (Jentz & Miller, 2008.) Instead of using words to form a contract, a person’s action or conduct can create some of the terms of the contract. Also in order for it to be a contract (a valid contract) four elements must be present: an agreement which includes and offer and acceptance supported by legally sufficient consideration, a legal purpose and finally made by parties who have legally capacity to enter into a contract. Krunch and McDougal entered into an implied contract because Krunch furnished a
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Lashundra Jones_LS311_Unit 4 Case Analysis - Unit 4 Case...

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