What defines an express contract?

An express contract is characterized by its clear and definitive terms that are explicitly stated, either through verbal communication or written documentation. This clarity ensures that all parties involved have a mutual understanding of the obligations and rights established by the contract. The express nature of such a contract allows for easy enforcement in a legal context, as the terms are not ambiguous but rather clearly articulated, enabling parties to know exactly what they are agreeing to.

In contrast, options that describe other types of contracts highlight different characteristics. For instance, a contract inferred from behavior is considered an implied contract, where the agreement is established through actions rather than explicit words. Contracts based on standards set by law refer to statutory obligations, which do not particularly express the intentions of private parties. Finally, a contract that does not require any performance does not align with the definition of a contract, as the essence of a contract is to establish obligations which inherently require some performance or consideration from the parties involved.