Multiple choice

Which of the following is a contract implied by law?

  1. Contingent contract

  2. Quasi contract

  3. Expressed contract

  4. Implied contract

  5. None of the above
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

A contract implied by law is known as a quasi contract. A quasi contract is not an actual contract but is a legal substitute formed to impose equity between two parties. This contract is made when a court finds it appropriate to create an obligation upon a non-contracting party to avoid injustice and to ensure fairness.

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