What is a contract that is stated clearly in oral or written form called?

An expressed contract is defined as an agreement in which the terms are explicitly stated, either verbally or in writing. This form of contract stands out because it clearly outlines the obligations and rights of all parties involved, leaving little room for misinterpretation.

The distinction lies in the clarity of communication regarding the contract's terms. In the case of an expressed contract, both parties are on the same page from the outset. It often involves specific language that defines the scope and nature of the agreement, making it easier to enforce in a legal context.

In comparison, an implied contract arises from the actions or conduct of the parties rather than direct statements. A contractual agreement is a broader term and does not specifically indicate whether the contract is expressed or implied. A verbal agreement refers to an agreement made orally, which can cause complications if not documented, as it may lead to disputes over interpretation.