How businesses use implied contracts?

[Good-Person]

Implied contracts are also used by many different sorts of businesses. Such kin d of contracts are formed by parties. There could be many circumstances where such kind of contracts could be formed. So, why such contracts are so useful?

 

[Ja Sa Bong]

Implied contracts? I've never heard of it. What kind of propositions be used in an implied contracts? Is it like a preliminary to the main contract which is going to be signed by those in it?

 

[Good-Person]

Implied contracts? I've never heard of it. What kind of propositions be used in an implied contracts? Is it like a preliminary to the main contract which is going to be signed by those in it?

I think that such kind of contracts are quite important in business. They may have a legal value and they are quite crucial for this reasons. However, this does not necessarily mean that they are written contracts.