Which of the following defines a contract created by the actions of the parties involved?

An implied contract is defined by the actions, conduct, or circumstances surrounding the parties involved, rather than through explicit written or verbal agreement. In this type of contract, the intentions of the parties are inferred from their behavior and the context of the situation, leading to the assumption that an agreement exists even without formal acknowledgment.

For instance, if a person goes to a restaurant, orders a meal, and eats it, an implied contract is formed, meaning the customer agrees to pay for the meal based on their actions. This type of contract is recognized in situations where requiring a formal agreement would be impractical.

In contrast, a written contract involves a clear, documented agreement between parties, while a verbal contract consists of spoken agreements. A unilateral contract refers specifically to an agreement in which one party promises something in exchange for an act by another party, usually requiring an action to be completed rather than just the passage of time or conduct alone.