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'A' delivered goods to B's warehouse by mistake. 'B' uses the goods. 'A' asks 'B' for the price of the goods. This is_____
  • a)
    Void Contract
  • b)
     Quasi Contract
  • c)
    Contingent contract
  • d)
    None of these
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
'A' delivered goods to B's warehouse by mistake. 'B...
A quasi contract is an agreement between two parties without previous obligations to one another that has been created and legally recognized by the court system. Under a quasi-contract, neither involved party is expected to create such an agreement; this contract is arranged and imposed by a judge to correct a circumstance in which one party acquires something at the expense of the other party.
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'A' delivered goods to B's warehouse by mistake. 'B...
Quasi contract is a obligation of one party to another imposed by law independently of an agreement between the parties. the given question relates to the Quasi contract principle option B is correct
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'A' delivered goods to B's warehouse by mistake. 'B...
Quasi Contract

When a party receives a benefit or advantage from another party by mistake or under circumstances where no formal contract exists, a quasi contract may be formed. It is a legal concept that aims to prevent unjust enrichment or unfairness to either party involved. In the given scenario, A delivered goods to B's warehouse by mistake, and B used the goods. A subsequently asks B for the price of the goods. This situation can be categorized as a quasi contract.

Explanation

Definition of a Quasi Contract
A quasi contract is a legal fiction that is imposed by the court to prevent one party from unfairly benefiting at the expense of another party. It is not a true contract, as it lacks the mutual consent of the parties, but it is enforced to prevent unjust enrichment.

Elements of a Quasi Contract
To establish a quasi contract, certain elements must be present:

1. Benefit Received: One party must have received a benefit or advantage from another party.

In this scenario, B received the goods delivered by A, which can be considered a benefit.

2. Mistake or Lack of Contract: The benefit must have been received by mistake or under circumstances where no formal contract exists.

A mistakenly delivered the goods to B's warehouse, and there was no formal contract between A and B for the goods.

3. Unjust Enrichment: It must be unfair for the party receiving the benefit to retain it without compensating the other party.

In this case, if B were to keep the goods without compensating A, it would result in unjust enrichment for B.

Application to the Given Scenario
In the given scenario, A delivered goods to B's warehouse by mistake, and B used the goods. As there was no formal contract between A and B, and B received a benefit from A's mistake, A has the right to ask B for the price of the goods under the concept of a quasi contract.

Conclusion
A quasi contract is a legal concept that aims to prevent unjust enrichment or unfairness to either party involved. In the given scenario, A delivered goods to B's warehouse by mistake, and B used the goods. As there was no formal contract between A and B, A can ask B for the price of the goods under the concept of a quasi contract.
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'A' delivered goods to B's warehouse by mistake. 'B' uses the goods. 'A' asks 'B' for the price of the goods. This is_____a)Void Contractb)Quasi Contractc)Contingent contractd)None of theseCorrect answer is option 'B'. Can you explain this answer?
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'A' delivered goods to B's warehouse by mistake. 'B' uses the goods. 'A' asks 'B' for the price of the goods. This is_____a)Void Contractb)Quasi Contractc)Contingent contractd)None of theseCorrect answer is option 'B'. Can you explain this answer? for CA Foundation 2025 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about 'A' delivered goods to B's warehouse by mistake. 'B' uses the goods. 'A' asks 'B' for the price of the goods. This is_____a)Void Contractb)Quasi Contractc)Contingent contractd)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CA Foundation 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 'A' delivered goods to B's warehouse by mistake. 'B' uses the goods. 'A' asks 'B' for the price of the goods. This is_____a)Void Contractb)Quasi Contractc)Contingent contractd)None of theseCorrect answer is option 'B'. Can you explain this answer?.
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