Asked by
Ronak Bhagvandas
on Nov 29, 2024Verified
Quasi contracts are used to provide a remedy when the parties enter into a(n) :
A) void contract.
B) implied in fact contract.
C) situation in which promissory estoppel applies.
D) express contract.
Quasi Contracts
Contracts imposed by courts to avoid unjust enrichment or unfair benefit, despite there being no formal agreement between the parties.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise made to someone else who has relied on that promise to their detriment.
- Identify the nature of contracts that are enforced by law and understand the principles of quasi-contracts.
Verified Answer
DY
Learning Objectives
- Identify the nature of contracts that are enforced by law and understand the principles of quasi-contracts.