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Business Regulatory Framework by Purnakam Dash

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9

Quasi-Contracts

CHAPTER OBJECTIVES

After carefully reading this chapter, you will be able:

  • To understand the meaning of quasi-contract.
  • To identify various types of quasi-contracts.
  • To understand the principle of equity on which quasi-contracts are based.
MEANING OF QUASI-CONTRACT

We have seen earlier that a contract creates rights and obligations which can be enforced by the law. In a void agreement, this facility of enforcement of rights is not there. But, in certain circumstances, the law imposes obligations of a contractual nature on one party and gives a right to the other to enforce it even though there is no contract between them. These cases are called quasi-contracts. These quasi-contracts are, in fact, not contracts because there ...

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