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Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit for
- a)damages
- b)injunction
- c)quantum meruit
- d)none of these.
Correct answer is option 'C'. Can you explain this answer?
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Sometimes, a party is entitled to claim compensation in proportion to ...
The correct answer is c: quantum meruit.
Quantum meruit is a legal principle that allows a party to claim compensation for the work or services they have provided, even if there is no existing agreement or contract between the parties. The term "quantum meruit" is derived from Latin, meaning "as much as he deserves." This principle is used to ensure fairness and prevent unjust enrichment, wherein one party benefits from the work or services of another without providing fair compensation.
To calculate the amount of compensation in a quantum meruit claim, the court will typically consider the following factors:
Quantum meruit is a legal principle that allows a party to claim compensation for the work or services they have provided, even if there is no existing agreement or contract between the parties. The term "quantum meruit" is derived from Latin, meaning "as much as he deserves." This principle is used to ensure fairness and prevent unjust enrichment, wherein one party benefits from the work or services of another without providing fair compensation.
To calculate the amount of compensation in a quantum meruit claim, the court will typically consider the following factors:
- The fair market value of the work or services provided
- The extent to which the party claiming quantum meruit has completed the work
- The benefit received by the other party from the work or services
In conclusion, quantum meruit is a legal principle used to claim compensation for work or services provided when there is no existing agreement or contract between the parties. This principle ensures fairness and prevents unjust enrichment by requiring that a party is compensated for the work they have completed, according to the value of their contribution.
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Sometimes, a party is entitled to claim compensation in proportion to ...
The correct answer is c: quantum meruit.
Quantum meruit is a legal principle that allows a party to claim compensation for the work or services they have provided, even if there is no existing agreement or contract between the parties. The term "quantum meruit" is derived from Latin, meaning "as much as he deserves." This principle is used to ensure fairness and prevent unjust enrichment, wherein one party benefits from the work or services of another without providing fair compensation.
To calculate the amount of compensation in a quantum meruit claim, the court will typically consider the following factors:
Quantum meruit is a legal principle that allows a party to claim compensation for the work or services they have provided, even if there is no existing agreement or contract between the parties. The term "quantum meruit" is derived from Latin, meaning "as much as he deserves." This principle is used to ensure fairness and prevent unjust enrichment, wherein one party benefits from the work or services of another without providing fair compensation.
To calculate the amount of compensation in a quantum meruit claim, the court will typically consider the following factors:
- The fair market value of the work or services provided
- The extent to which the party claiming quantum meruit has completed the work
- The benefit received by the other party from the work or services
In conclusion, quantum meruit is a legal principle used to claim compensation for work or services provided when there is no existing agreement or contract between the parties. This principle ensures fairness and prevents unjust enrichment by requiring that a party is compensated for the work they have completed, according to the value of their contribution.
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Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit fora)damagesb)injunctionc)quantum meruitd)none of these.Correct answer is option 'C'. Can you explain this answer?
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Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit fora)damagesb)injunctionc)quantum meruitd)none of these.Correct answer is option 'C'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit fora)damagesb)injunctionc)quantum meruitd)none of these.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Sometimes, a party is entitled to claim compensation in proportion to the work done by him. It is possible by a suit fora)damagesb)injunctionc)quantum meruitd)none of these.Correct answer is option 'C'. Can you explain this answer?.
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