“ Implied-in-fact contracts are real contracts under which the parties receive the “benefit of the bargain”. ”

An unwritten, unspoken contract, also known as “a contract implied by the acts of the parties”, which can be either an implied-in-fact contract or implied-in-law contract, may also be legally binding. Implied-in-fact contracts are real contracts under which the parties receive the “benefit of the bargain”. However, contracts implied in law are also known as quasi-contracts, and the remedy is quantum meruit, the fair market value of goods or services rendered.