Economy, asked by YogeshChaudhary9960, 1 year ago

Distinguish between quasi contract and implied contract

Answers

Answered by rishavthakur27
2
An implied contract is one that the law infers based on the parties’ conduct and relevant facts (in contrast to an express contract, which is an actual agreement of the parties). This sometimes is called an implied in-fact contract.

Quasi contract, in contrast, is not a type of contract. Rather, it is an equitable remedy to prevent unjust enrichment that is determined as though a contract existed. Just to make life a bit confusing, this sometimes is called an implied at-lawcontract.

Similar questions