what is quasi contract

Question

MVP · Answer

A quasi contract is a legal obligation—not a traditional contract—which is decided by a judge for one party to compensate the other. Thus, a quasi contract is a retroactive judgment to correct a circumstance in which one party acquires something at the expense of the other

Naganiharika · Answer

Hope it cleared ur doubt

Naganiharika · Answer

Example:A delivery boy deliveres the order to the wrong address even though the order collecting person knows that its not his/her order they accept the order in that time they might be brought to court to compensate the person who had paid for it

Naganiharika · Answer

Quasi contract means where there is no express or implied contract between the parties but still law imposes obligation on one party to pay to other party

Alien · Answer

A Quasi contract is a contract that exist by order of a court, not by agreements of the parties court create Quasi contract to avoid unjust enrichment of a party in a dispute over payment of goods and services. Quasi contract is based on principle of equity, justice.

Teja · Answer

Example swiggy zomato

Teja · Answer

A contract which is not a contract but either of the parties must perform his duty to other party

Mahek · Answer

It is not a real contract between parties but it a contract which is imposed by law.

what is quasi contract

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