express terms in a contract
Express contract
An express contract is a contract in which the terms of the agreement are stated in words, (oral or written) while an implied-in-fact contract is a contract formed in whole or in part from the conduct of the parties.
Express contract: Express contract is one which is made by words spoken or written. Example No. 1: X says to Y, will you buy a car for Rs. 100000? Y says to X, I am ready to buy you car for Rs. 100000. It is an express contract made rally. Example No. 2: X writes a letter to Y, I offer to sell my car for Rs. 100000 to you. Y send a letter to Y, I am ready to buy you car for Rs. 100000. It is an express contract made in writing.
'Conditions' and Warranties' may be either express or implied. They "express" when the terms of the contract expressly state them. They are implied when, not being expressly provided for. Express conditions are those, which agreed upon between the parties at the time of contract and are expressly provided in the contract. The implied conditions, on the other hand, are those, which are presumed by law to be present in the contract. It should be noted that an implied condition may be negated or waived by an express agreement. GIVEN BY-SYED ASIF MEHDI
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An express contract is a contract in which the terms of the agreement are stated in words, (oral or written) while an implied-in-fact contract is a contract formed in whole or in part from the conduct of the parties.
The word 'express' is a verb, a noun, and an adjective.Example:You express yourself very well. (verb)You can catch the express to the capital at six. (noun)Send the contract express mail so they will have it tomorrow. (adjective)
The cost to use Option Express is $2 per contract. This is the only cost that could be found to use Option Express.
A term enforceable under a contract that both parties have explicitly agreed to
no it would breach amex's contract with Costco
It is considered to be an express contract, where the terms and conditions of the agreement are explicitly stated either verbally or in writing.