An implied contract is an agreement that is not written or spoken but is understood through actions or circumstances. For example, when you go to a restaurant and order food, there is an implied contract that you will pay for the meal after consuming it, even though no formal agreement is signed. These contracts arise from the behavior of the parties involved. If someone provides a service, like fixing a car, and the other person accepts the service, an implied contract exists, suggesting that payment is expected. This type of contract is often recognized in law to ensure fairness and accountability.