Short for implied-in-fact contract, it's an agreement that is not explicitly in writing, but presumably intended by all parties involved. A manager's oral promise, a statement in an employee manual, a company policy, a chain of positive employee merit reviews, and a company's historical actions under similar circumstances are each examples of what might constitute an implied contract between an employer and employee. Often, what constitutes an implied contract infers a "promise" of continued or permanent employment. Employers might require new-hires to sign agreements, in which they acknowledge that documents, such as policy manuals, do not constitute contracts. If so, implied contracts based on documents might be null and void. Compare to Explicit Contract.
a contract not expressly agreed upon in written terms but one created by the conduct of the parties
Not explicitly written or stated; determined by deduction from known facts or from the circumstances or conduct of the parties.
A binding contract created by the actions of the principals, rather than by written or oral agreement of the parties.
A contract not created or evidenced by the explicit agreement of the parties but one inferred by law; as the use of electric power in your home implies a contract with the light company.
An agreement that is tacit rather than expressed in clear and definite language; an agreement inferred from the conduct of the parties.
Agreement is shown by acts and conduct rather than words.
A contract in which the promise made by the obligor is not express, but inferred by his conduct or implied in law.
a contract implied in fact
a Contract inferred by a Person's words or actions
a contract where the agreement between the parties is shown by acts or conduct, rather than words
A contract created by the acts the parties rather than their oral or written agreements.
A type of enforceable contract that is not made explicitly but is implied from the circumstances or the parties' conduct.
An agreement which is not reduced to writing but is created, under the common law, on the basis of the behavior of the parties which suggests that they are acting under an agreement.
A legally binding contractual agreement in which the parties speak by their actions rather than by their oral or written words. An insurance contract is not an implied contract because every condition is included in the policy. (See also: entire contract clause.)
Created by actions but not necessarily written or spoken.
A contract that is not in words.
An agreement not expressly stated but implied by actions of the parties.
A binding agreement inferred from the actions of the parties.
An agreement created by actions of the parties involved but not written or spoken.