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The basis of ‘quasi contractual relations’ is the
- a)existence of a valid contract between the parties
- b)prevention of unjust enrichment at the expense of others
- c)Provisions contained in Section 10 of the Contract Act
- d)Existence of a voidable contract between the parties.
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The basis of ‘quasi contractual relations’ is thea)existen...
The basis of 'quasi contractual relations' is the prevention of unjust enrichment at the expense of others.
- Quasi contractual relations are not actual contracts but are created by law to prevent one party from being unjustly enriched at the expense of another party.
- These relations are based on the principle of fairness and equity.
- They arise in situations where there is no valid contract between the parties, but one party has received a benefit from another party.
- The party who has conferred the benefit can seek restitution or compensation from the party who has received the benefit.
- The aim is to prevent one party from taking advantage of the other party's labor, services, or property without providing fair compensation.
- Quasi contractual relations are also known as contracts implied in law or constructive contracts.
- They are not based on the intention or agreement of the parties but are imposed by the law to prevent unjust enrichment.
- These relations are governed by legal principles and doctrines rather than specific provisions in the Contract Act.
- The key principle underlying quasi contractual relations is the prevention of unjust enrichment and the promotion of fairness and equity in the absence of a valid contract.
- Therefore, option B: "prevention of unjust enrichment at the expense of others" is the correct answer.
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- Quasi contractual relations are not actual contracts but are created by law to prevent one party from being unjustly enriched at the expense of another party.
- These relations are based on the principle of fairness and equity.
- They arise in situations where there is no valid contract between the parties, but one party has received a benefit from another party.
- The party who has conferred the benefit can seek restitution or compensation from the party who has received the benefit.
- The aim is to prevent one party from taking advantage of the other party's labor, services, or property without providing fair compensation.
- Quasi contractual relations are also known as contracts implied in law or constructive contracts.
- They are not based on the intention or agreement of the parties but are imposed by the law to prevent unjust enrichment.
- These relations are governed by legal principles and doctrines rather than specific provisions in the Contract Act.
- The key principle underlying quasi contractual relations is the prevention of unjust enrichment and the promotion of fairness and equity in the absence of a valid contract.
- Therefore, option B: "prevention of unjust enrichment at the expense of others" is the correct answer.
Most Upvoted Answer
The basis of ‘quasi contractual relations’ is thea)existen...
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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The basis of ‘quasi contractual relations’ is thea)existence of a valid contract between the partiesb)prevention of unjust enrichment at the expense of othersc)Provisions contained in Section 10 of the Contract Actd)Existence of a voidable contract between the parties.Correct answer is option 'B'. Can you explain this answer?
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