An implied-in-fact contract is a form of an implied contract formed by non-verbal conduct, rather than by explicit words.

What is implied contract with example?

An implied contract arises from the conduct of the parties. ... The contract is not based on any written or oral agreement between the parties. An example of an implied contract is implied warranty arising upon purchase of a product. A product purchased is expected to perform certain functions.

What is implied in a contract?

An implied contract is a legally-binding obligation that derives from actions, conduct, or circumstances of one or more parties in an agreement. ... The implied contract, on the other hand, is assumed to exist, but no written or verbal confirmation is necessary.