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When can a party claim compensation under quantum meruit?
  • a)
    When the contract is terminated by mutual consent
  • b)
    When the contract is breached by the other party
  • c)
    When the party has fully performed their obligations under the contract
  • d)
    When the party has partially performed their obligations under the contract
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
When can a party claim compensation under quantum meruit?a)When the co...
A party can claim compensation under quantum meruit when they have partially performed their obligations under the contract. This means that they have rendered goods or services to the other party, but the contract could not be fully performed for some reason. The party can then seek payment for the work they have done based on the principle of as much as merited.
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When can a party claim compensation under quantum meruit?a)When the contract is terminated by mutual consentb)When the contract is breached by the other partyc)When the party has fully performed their obligations under the contractd)When the party has partially performed their obligations under the contractCorrect answer is option 'D'. Can you explain this answer?
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When can a party claim compensation under quantum meruit?a)When the contract is terminated by mutual consentb)When the contract is breached by the other partyc)When the party has fully performed their obligations under the contractd)When the party has partially performed their obligations under the contractCorrect answer is option 'D'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about When can a party claim compensation under quantum meruit?a)When the contract is terminated by mutual consentb)When the contract is breached by the other partyc)When the party has fully performed their obligations under the contractd)When the party has partially performed their obligations under the contractCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for When can a party claim compensation under quantum meruit?a)When the contract is terminated by mutual consentb)When the contract is breached by the other partyc)When the party has fully performed their obligations under the contractd)When the party has partially performed their obligations under the contractCorrect answer is option 'D'. Can you explain this answer?.
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