implied contract


Also found in: Dictionary, Thesaurus, Legal, Financial, Encyclopedia.

implied contract

a contract assumed to have been drawn in spite of there being no written record nor any actual verbal agreement. An implied contract exists when a veterinarian examines and treats an animal. It is implied that the veterinarian will do his/her best and that the client will pay the fee charged.
Mentioned in ?
References in periodicals archive ?
Implied contract doctrine thus serves a legal-information-forcing function in the employment setting.
Such a promise may be explicit or implied; for example, many states consider policy manuals to be enforceable, implied contracts between employers and employees.
In an effort to gain just compensation, the plaintiffs' also alleged a breach of an implied contract of bailment.
24) Under the implied contract theory, the successful party necessarily recovers a complete indemnity.
20, 2011, the court reversed a trial court's dismissal of negligence and implied contract claims after a data breach.
The financial institutions charged Heartland with breach of contract; negligence; breach of implied contract with the FI's; negligence per se; negligent misrepresentation; intentional misrepresentation; and violations of consumer protection laws in New Jersey, where Heartland is headquartered, and from other states as well.
amp;nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sixth Cause of Action for Breach of Implied Contract by Plaintiff Individually, as a Class Action and on Behalf of the Common or General Interest </strong>
After receiving notification from Starbucks, the plaintiffs filed two separate lawsuits for negligence and breach of implied contract.
In addition, under the Bailey line of cases there is no meaningful distinction between an implied contract cause of action and a tort cause of action because the elements of both almost completely overlap.
vs Dale Edwin Bohna: Plaintiff alleges liability, breach of implied contract.
Ketchum, who left Bank of America in November 2007 as part of a companywide layoff, has filed a claim against Bank of America's former broker/dealer unit, Banc of America Securities, in April 2008 alleging breach of contract, breach of implied contract, unjust enrichment, and violation of New York State Labour law, the report said, citing a filing with the Financial Industry Regulatory Authority.
Insurance agents and brokers can be held liable to their clients if they: (1) commit a fraud by either making a fraudulent statement or by withholding material information; (2) violate a state insurance code or other state statute; or (3) breach an express or implied contract.