What Does Express Contract Mean?

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What does Express Contract mean? Read on to discover the definition & meaning of the term Express Contract - to help you better understand the language used in insurance policies.

Express Contract

Express Contract

An express contract is one that has been reduced to writing; however, some oral contracts may be given the weight of express contracts provided all requirements of a contract are present (offer, acceptance, consideration, etc.).

We hope the you have a better understanding of the meaning of Express Contract.

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