a contract is a(n) if there is a written or oral expression of intent by the parties to enter into a legally binding agreement

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Answer 1

A contract is an express contract if there is a written or oral expression of intent by the parties to enter into a legally binding agreement.

The terms by which the parties agree to be bound are stated either orally, in writing, or in a combination of both, at the time the exchange of promises is made.

The express agreement need not be formal or written. It simply calls for the parties to state their intentions in writing. Example: Someone explicitly offers to sell another individual a widget.

When the other person says she will buy it, she accepts the deal. Contrary to implied agreements, express contracts are simpler to uphold. Simply because the majority of them are written down and have been jointly signed.

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