quasi contract (Meaning)

Wordnet

quasi contract (n)

a contract created by law for reasons of justice without any expression of assent

No Synonyms and anytonyms found

A quasi contract arises when there's a mutual mistake in understanding terms.
In the absence of a formal contract, a quasi contract may be imposed by a court to prevent unjust enrichment.
The court may enforce a quasi contract when one party has received unjust enrichment at the expense of another.
Quasi contracts are equitable remedies designed to prevent one party from unfairly benefiting from another's actions.
The court may imply a quasi contract to ensure fairness in situations where there is no explicit agreement.
A quasi contract differs from an express contract in that it is not formed through explicit agreement but rather by law to prevent injustice.
When someone receives a benefit unjustly, a quasi contract can be enforced to restore fairness.
Quasi contracts are often invoked in situations where there is no formal agreement but where one party has received a benefit that would be unjust to retain without compensation.
Courts use quasi contracts as a means to remedy situations where one party has received a benefit at the expense of another without any contractual obligation.
Quasi contracts serve as legal mechanisms to prevent one party from taking advantage of another's labor or resources without just compensation.

a contract created by law for reasons of justice without any expression of assent

No synonyms found.

No antonyms found.

A quasi contract arises when there's a mutual mistake in understanding terms.

In the absence of a formal contract, a quasi contract may be imposed by a court to prevent unjust enrichment.

The court may enforce a quasi contract when one party has received unjust enrichment at the expense of another.

Quasi contracts are equitable remedies designed to prevent one party from unfairly benefiting from another's actions.