What is the difference between an express and an implied contract?

7-10 Content PowerPoint Slides with Speakers Notes (excludes title and reference slides)

     What it must answer is these questions. 

  • What is the difference between an express and an implied contract?
  • A unilateral and a bilateral contract?
  • A contract that is void or voidable?
  • What elements must be in place for formation of a contract?
  • What are three examples of valid consideration?
  • The Uniform Commercial Code generally regulates commerce or trade on a national basis.
    • Does the UCC directly or indirectly have any effect on international commerce? If so, what effect on international or worldwide commerce might the UCC cause?

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