quasi-contract


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Related to quasi-contract: implied in law

quasi-contract

n
(Law) an implied contract which arises without the express agreement of the parties
References in periodicals archive ?
Rather than seeking foreclosure on the secured properties, however, the Plaintiffs the bank and its loan insurer, ACA Financial Guaranty Corporation filed this suit seeking damages under various contract, quasi-contract, and tort theories.
The old regulation knew four sources of obligations, namely: the contract, the quasi-contract (business management and payment of the undue work), the offence and the quasi-offence, the obligational relationships arising from the latter two, being relations of civil liability for damage, to which the same principles were applied.
Thus, rather than describing some subclass of contracts, the law of quasi-contract is a largely discarded title for the law of unjust enrichment, which is concerned with explaining when and why people have obligations to pay for benefits in cash, goods, or services that have been bestowed upon them, outside of their contractual obligations, but not as gifts.
concluded that the quasi-contract and breach of confidence theories of
To this threefold classification, courts and scholars have added two more hybrid categories: quasi-contract and quasi-tort.
The first Restatement of the Law of Restitution, (7) and Palmer's four-volume treatise, (8) each give substantial weight to the historic division between law and equity and to the historic scope of quasi-contract.
15) Lord Wright endorsed 'a third category of the common law which has been called quasi-contract or restitution', (16) highlighted its fundamental place in a civilised legal system, (17) emphasised its separateness from contract and tort, (18) and cemented its rationale as the avoidance of unjust enrichment.

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