PPT - Quasi Contract | Business Law - B Com PDF Download

 Page 2


Quasi means almost or apparently but 
not really  &  Contract means an 
agreement enforceable by law.
* A Quasi contract is not a contract at 
all , because the essential elements 
for the formation of a contract are 
absent. It is an obligation imposed by 
law upon a person for the benefit of 
another even in the absence of a 
contract.
It is based on principle of equity.
Page 3


Quasi means almost or apparently but 
not really  &  Contract means an 
agreement enforceable by law.
* A Quasi contract is not a contract at 
all , because the essential elements 
for the formation of a contract are 
absent. It is an obligation imposed by 
law upon a person for the benefit of 
another even in the absence of a 
contract.
It is based on principle of equity.
Eg :- In  case of plumber who accidently install a 
sprinkler system in the lawn of the wrong 
house. The owner of the house had learned the 
previous day that his neighbour was getting 
new sprinkler . That morning, he sees the 
plumber is installing them in his own lawn . 
Pleased at the mistake , he says nothing, and 
then refuses to pay when the plumber hands 
him the bill  now it’s comes under quasi contract 
because the man already knew that the 
sprinkler were being installed mistakenly ,so 
court would may him pay because of quasi 
contract 
Page 4


Quasi means almost or apparently but 
not really  &  Contract means an 
agreement enforceable by law.
* A Quasi contract is not a contract at 
all , because the essential elements 
for the formation of a contract are 
absent. It is an obligation imposed by 
law upon a person for the benefit of 
another even in the absence of a 
contract.
It is based on principle of equity.
Eg :- In  case of plumber who accidently install a 
sprinkler system in the lawn of the wrong 
house. The owner of the house had learned the 
previous day that his neighbour was getting 
new sprinkler . That morning, he sees the 
plumber is installing them in his own lawn . 
Pleased at the mistake , he says nothing, and 
then refuses to pay when the plumber hands 
him the bill  now it’s comes under quasi contract 
because the man already knew that the 
sprinkler were being installed mistakenly ,so 
court would may him pay because of quasi 
contract 
Salient Features of Quasi Contractual 
Rights:-
? A quasi contract is not a real contract. 
? It is not based upon the offer and 
acceptance rule.
? It does not arise from any formal agreement 
but it is imposed by law.
? It is a right which is available not against the 
entire world, but against particular person(s) 
only.
Page 5


Quasi means almost or apparently but 
not really  &  Contract means an 
agreement enforceable by law.
* A Quasi contract is not a contract at 
all , because the essential elements 
for the formation of a contract are 
absent. It is an obligation imposed by 
law upon a person for the benefit of 
another even in the absence of a 
contract.
It is based on principle of equity.
Eg :- In  case of plumber who accidently install a 
sprinkler system in the lawn of the wrong 
house. The owner of the house had learned the 
previous day that his neighbour was getting 
new sprinkler . That morning, he sees the 
plumber is installing them in his own lawn . 
Pleased at the mistake , he says nothing, and 
then refuses to pay when the plumber hands 
him the bill  now it’s comes under quasi contract 
because the man already knew that the 
sprinkler were being installed mistakenly ,so 
court would may him pay because of quasi 
contract 
Salient Features of Quasi Contractual 
Rights:-
? A quasi contract is not a real contract. 
? It is not based upon the offer and 
acceptance rule.
? It does not arise from any formal agreement 
but it is imposed by law.
? It is a right which is available not against the 
entire world, but against particular person(s) 
only.
Unjust enrichment declares that a person shall 
not be allowed to enrich himself at the expense 
of unknown parties.
&
Quantum merit means “the actual value of 
services performed “. It determines the amount 
to be paid for services when no contract exits or 
when there is doubt as to the amount due for 
the work performed but done under 
circumstances when payment could be 
expected .