Amy sullo - Unit 4 Case Study - Business Law

Amy sullo - Unit 4 Case Study - Business Law - Express...

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Express versus Implied Contract By Amy Sullo Kaplan University Business Law
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The Case Express versus Implied Contracts. Suppose that a local businessperson, McDougal, is a good friend of Krunch, the owner of a local candy store. Every day on his lunch hour McDougal goes into Krunch's candy store and spends about five minutes looking at the candy. After examining Krunch's candy and talking with Krunch, McDougal usually buys one or two candy bars. One afternoon, McDougal goes into Krunch's candy shop, looks at the candy, and picks up a $1 candy bar. Seeing that Krunch is very busy, he catches Krunch's eye, waves the candy bar at Krunch without saying a word, and walks out. Is there a contract? If so, explain. Discuss the elements of an implied contract. Discuss silence as acceptance. Summary In this unit, I learned about the difference between an Express versus an Implied contract. An express contract is where the terms of the agreement are fully and explicitly stated in words, oral or written. An implied contract is where the plaintiff furnishes a service or property, the
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