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Implied contract; Implied in law contract; Implied-in-law contract; Quasi contract; Quasi-contract law; Implied Contract; Constructive contract
implied contract
n. an agreement which is found to exist based on the circumstances when to deny a contract would be unfair and/or result in unjust enrichment to one of the parties. An implied contract is distinguished from an "express contract."
See also: contract express contract implied
Quasi-contract
A quasi-contract (or implied-in-law contract or constructive contract) is a fictional contract recognised by a court. The notion of a quasi-contract can be traced to Roman law and is still a concept used in some modern legal systems.
AGREEMENT HAVING A LAWFUL OBJECT ENTERED INTO VOLUNTARILY BY MULTIPLE PARTIES (MAY BE EXPLICITLY WRITTEN OR ORAL)
Contract law; Binding agreement; Contracts; Express contract; Verbally binding; Verbal contracts; Contractual; Guarantees; Contract Law; Bilateral contract; Unilateral contract; Obligee; Obligor; Service agreement; Contractual rights; Unilateral Contracts; Contractual agreement; Contractual obligations; Law of contracts; Contracting party; Contracting; Contract system; Legal contract; Contracts law; Written contracts; Types of contract; Contract (legal); Legal Detriment; Legal agreement; Kill fee; Cotract; Contractual powers; Contractual power; Law of contract; Contract document; Nominate contract; Contractual law; Written contract; Binding contract; Requirements of an Insurance Contract; Performance of a contract; Performance of an obligation; Specific contract; Service Agreement; Parent contract; User:Nenadimitrovski81/Objective theory of contract; Business efficacy test
A contract is a legally enforceable agreement that creates, defines, and governs mutual rights and obligations among its parties. A contract typically involves the transfer of goods, services, money, or a promise to transfer any of those at a future date.
A quasi-contract (or implied-in-law contract or constructive contract) is a fictional contract recognised by a court. The notion of a quasi-contract can be traced to Roman law and is still a concept used in some modern legal systems. Quasi contract laws have been deduced from the Latin statement "Nemo debet locupletari ex aliena jactura", which proclaims that no man should grow rich out of another person's loss. It was one of the central doctrines of Roman law.