Located on the Illinois River, Peru lies 3 miles west of the confluence of two major interstate highways: Interstate 39 and Interstate 80. The city is also the Western terminus of the historic Illinois and Michigan Canal.
express contract. Contract whose terms are clearly spelled out, usually in writing. Opposite of implied contract. Use 'express contract' in a Sentence. You need to make sure that you have a good express contract any time that you are making a quick deal. With the temperamental actor we thought it best to have a concise and express contract.
Express contracts consist of agreements in which the terms are stated by the parties. The terms may be stated orally or in writing. But the contract as a whole must reflect the intention of the parties. As a general rule, if an express contract between the parties is established, a contract embracing the identical subject cannot be implied in fact, as the law will not normally imply a substitute promise or contract for an express contract of the parties.