A contract implied by law is known as ........

Indian Penal Code (IPC) 1860 Breach of Contracts of Service

A contract implied by law is known as:

Contingent contract

Quasi contract

Expressed contract

Implied contract.

- Quasi Contract (Option 2)

- Correct Answer

- These are not real contracts.

- Implied by law to prevent unjust enrichment.

- No mutual agreement between parties.

- Contingent Contract (Option 1)

- Depends on an event that may or may not happen.

- Valid only if the specified event occurs.

- Expressed Contract (Option 3)

- Terms stated clearly, either orally or in writing.

- Parties explicitly agree to terms.

- Implied Contract (Option 4)

- Created by actions or conduct of parties.

- Not expressed by words, but inferred.

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