In the aftermath of the recent worldwide credit crisis, there has been a significant reduction in the level of government involvement in economic affairs

If a premium payment has not been given with the application, the policy becomes effective only when the producer delivers the policy and

A) explains its provisions and obtains the initial premium and a signed statement of continued good health B) obtains a signed application and statement of continued good health C) explains its provisions and provides a conditional receipt D) explains its provisions and leaves a receipt for policy delivery"

Explain the difference between an express contract and an implied contract

What will be an ideal response?