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Definitions from the Web

Term: Express Contract

Part of Speech: Noun

Sense: A legally binding agreement created by the parties involved through their words, either spoken or written.

Usage: Express contracts are commonly used in business transactions as they provide clarity and specific terms that both parties agree upon.

Sample Sentence 1: The express contract clearly stated the agreed-upon price and delivery date for the purchase of the new office equipment.

Sample Sentence 2: The express contract between the artist and the gallery outlined the percentage of commission for each art piece sold.

Related Products: Contract Law Books, Sample Contracts, Business Law Textbooks