Example of Express Contract in Law

Example of Express Contract in Law

An express contract is a legally binding agreement made between two or more parties, which is clearly and explicitly stated in written or verbal form. Simply put, it is a contract that is specifically stated in writing or words, and it outlines the terms and conditions of the agreement, including the obligations and responsibilities of each party. Unlike implied contracts, which are based on inferred actions, express contracts are more detailed and specific, making them easier to enforce in court.

Here is an example of an express contract:

John runs a small business that sells custom car parts. He recently hired a marketing agency to help his business gain more visibility online. They agreed that the agency would provide search engine optimization (SEO) services to John`s website for a period of six months. In exchange, John would pay the agency the sum of $5,000.

This agreement is an express contract because it is clearly stated in writing and both parties have agreed on the terms and conditions. The agreement is specific about the duration of the contract, the services that will be provided, and the payment amount.

Express contracts are common in business and are used in various industries, such as construction, real estate, and employment. They help to ensure that both parties are aware of their responsibilities and obligations, which can reduce the likelihood of disputes and legal issues down the road.

It is important to note that express contracts must be entered into voluntarily, without any coercion or undue influence. If one party coerces or manipulates the other into signing an agreement, it can invalidate the contract.

In conclusion, an express contract is a legally binding agreement that is clearly and explicitly stated in writing or words. It outlines the terms and conditions of the agreement, including the obligations and responsibilities of each party. Business owners should ensure that their contracts are specifically worded and agreed upon by all parties involved to reduce the likelihood of disputes and legal issues.

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