tacit contract
This query is : Resolved
11 September 2008
i want to about tacit contract...can u give me an example of tacit contract?
13 September 2008
Tacit means something which is "unspoken or implied." An opinion or view which is not "voiced" is said to be tacit. In other words, a tacit point may be communicated indirectly in the form of gestures or signs. In some cases, a tacit piece of information need not be expressed with speech or words; it is inferred or understood (taken for granted) instinctively.
Here are a couple of sentences which will illustrate the meaning of the word with examples:
1. Her knowing smile gave me a tacit consent to make the next move.
2. Both parties are bound by a tacit contract, because they trust each other blindly.
Here are a couple of sentences which will illustrate the meaning of the word with examples:
1. Her knowing smile gave me a tacit consent to make the next move.
2. Both parties are bound by a tacit contract, because they trust each other blindly.
Message likes :
2 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Taxation of crypto futures in India Fy 2026- 2027
- MSME disclosure and disallowance
- EPF ECR NEW RULES Sep 17th 2026
- Issuing of delivery challan by seller of goods
- Transfer of Physical Stock Between Two Proprietorship Concerns
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
