alleryIn a quasi-contract, the obligation is:
AOwed to the world at large
BDependent on a collateral event
CImposed by law
DCreated by the agreement of the parties
Answer & Solution
Correct answer: C. Imposed by law
Unlike a true contract created by consent, a quasi-contractual obligation is imposed by law and is owed to a particular person, not the world at large.
Keep practising Contingent and Quasi Contracts
Browse all Contingent and Quasi Contracts questions for CA Foundation, or explore more Businesslaw topics.
Related questions
Which section gives compensation for failing to discharge an obligation resembling a contrWhich section binds one enjoying the benefit of a non-gratuitous act to compensate?The law of quasi-contract was generally used to enforceWhich was one of the common money counts within indebitatus assumpsit?Quantum meruit and unjust enrichment areA worker with an express contract fixing pay cannot abandon it and sue onIn contract law, quantum meruit refers to the reasonable value ofQuantum meruit is a Latin phrase meaning