quasi contract

quasi contract
Legal fiction invented by common law courts to permit recovery by contractual remedy in cases where, in fact, there is no contract, but where circumstances are such that justice warrants a recovery as though there had been a promise. It is not based on intention or consent of the parties, but is founded on considerations of justice and equity, and on doctrine of unjust enrichment. It is not in fact a contract, but an obligation which the law creates in absence of any agreement, when and because the acts of the parties or others have placed in the possession of one person money, or its equivalent, under such circumstances that in equity and good conscience he ought not to retain it. It is what was formerly known as the contract implied in law; it has no reference to the intentions or expressions of the parties. The obligation is imposed despite, and frequently in frustration of their intention.
In the civil law, a contractual relation arising out of transactions between the parties which give them mutual rights and obligations, but do not involve a specific and express convention or agreement between them. The lawful and purely voluntary acts of a man, from which there results any obligation whatever to a third person, and sometimes a reciprocal obligation between the parties. Civ.Code La. art. 2293.
+ quasi contract
An obligation which law creates in absence of agreement; it is invoked by courts where there is unjust enrichment. Andrews v. O'Grady, 44 Misc.2d 28, 252 N.Y.S.2d 814, 817.
Sometimes referred to as implied-in-law contracts (as a legal fiction) to distinguish them from implied-in-fact contracts (voluntary agreements inferred from the parties' conduct). Function of "quasi contract" is to raise obligation in law where in fact the parties made no promise, and it is not based on apparent intention of the parties. Fink v. Goodson-Todman Enterprises, Limited, 9 C.A.3d 996, 88 Cal.Rptr. 679, 690.
See also contract

Black's law dictionary. . 1990.

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  • quasi contract — n. Law an obligation, equivalent to a contractual obligation, created by law in the absence of a contract, to prevent unfair gain by one party at the expense of another …   English World dictionary

  • Quasi-contract — A quasi contract, also called an implied in law contract,E. Marshall Wick, Notes for BUS 447, Gallaudet University, found at [http://homepage.gallaudet.edu/Marshall.Wick/bus447/quasi.html Gallaudet University Website] . Accessed June 30, 2008.]… …   Wikipedia

  • Quasi Contract — A legal agreement created by the courts between two parties who did not have a previous obligation to each other. A normal contract requires two parties to consent to mutually agreeable terms. Under a quasi contract, neither party is originally… …   Investment dictionary

  • quasi contract — Legal fiction invented by common law courts to permit recovery by contractual remedy in cases where, in fact, there is no contract, but where circumstances are such that justice warrants a recovery as though there had been a promise. It is not… …   Black's law dictionary

  • quasi contract — /kwazi ˈkɒntrækt/ (say kwahzee kontrakt) noun an obligation imposed by a court without the mutual assent of the parties, as if a retrospective contract, in order to prevent an injustice. Also, quasi contract …  

  • quasi-contract — quaˈsi contract noun (law) A concept which allows a plaintiff to recover money from a defendant if non payment would confer an unjust benefit on the latter • • • Main Entry: ↑quasi …   Useful english dictionary

  • quasi contract — noun a contract created by law for reasons of justice without any expression of assent • Hypernyms: ↑contract …   Useful english dictionary

  • quasi contract — Law. an obligation imposed by law in the absence of a contract to prevent unjust enrichment. [1720 30] * * * …   Universalium

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