Under the Contract Act 1872, a contract is defined as "an agreement enforceable by law." ( Section 2 (h) )
Express Contract is one in which the parties have made an oral or written declaration of their intentions and of the terms of the transaction. In other word, an express contract is one , the terms of which the agreement is not written or spoken.
Implied Contract is one in which the agreement is not written or spoken , but by acts conduct of the parties. For example , if a passenger gives one kyat note to the bus conductor, without saying anything, the bus conductor gives him a ticket which cost one kyat.
Quasi Contract A Quasi or contructive contract is the one in which the law creates and enforces legal rights and obligations under certain condition, although no real contract express or implied exist. It coms from equable principle.
