Discuss the difference between an express contract and an implied contract. Provide examples of each.

In contract law, the distinction between an express contract and an implied contract lies in how the parties' intentions and agreement are manifested. These two types of contracts differ in their formation and the manner in which the terms of the contract are established. Let's explore each type in detail and provide examples for better understanding: 1. Express Contract: An express contract is a type of contract where the terms and conditions of the agreement are explicitly stated and agreed upon by the parties, either in writing or orally. The terms of an express contract are explicitly communicated, leaving no ambiguity regarding the rights and obligations of the parties involved. This type of contract is commonly used in various business transactions and can be enforced by law. Example: Sup....