In contract law, which type of contract is inferred from conduct or actions?

In contract law, an implied contract is one that is inferred from the conduct or actions of the parties involved rather than being explicitly stated in words. This type of contract arises when the behavior of the parties suggests that they have an agreement, even though they may not have articulated the terms verbally or in writing. For example, if a person orders food in a restaurant, their action implies a contract to pay for the meal once it is served, even though the specific transaction terms are not explicitly discussed.

In many situations, implied contracts are established through customary practices and social norms. Courts recognize these contracts as valid and enforceable because the actions of the parties demonstrate their intent to create a binding agreement.

The other types of contracts mentioned differ significantly. An express contract is one where the terms are explicitly laid out, either in writing or verbally. Executed contracts refer to those that have been fully performed by all parties. Unilateral contracts involve a promise made by one party in exchange for an action by another party, but again, these are not inferred from actions alone. Therefore, the term that most accurately describes a contract inferred from conduct is indeed the implied contract.