Quasi Contract Meaning Examples Top 5 Types
Quasi-Contract Meaning Explanation A quasi-contract is an agreement imposed by the law, which outlines the obligation of one party towards another party if the former possesses the property of the latter party, i.e., something is acquired by one party at the expense of another party. The court creates these to avoid unjust enrichment of any party’s overpayment against a good or service. Since the court makes these, neither party can disagree with it and must follow it....