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The phase “Quantum Meruit” Literally means :
- a)As soon as possible
- b)As much as is earned
- c)According to merit
- d)Quantity of goods
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
The phase “Quantum Meruit” Literally means :a)As soon as p...
Quantum meruit is a Latin phrase meaning "what one has earned". In the context of contract law, it means something along the lines of "reasonable value of services".
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The phase “Quantum Meruit” Literally means :a)As soon as p...
The phrase ‘quantum meruit’ literally means “as much as is earned” or “according to the quantity of work done”. When a person has begun the work and before he could complete it, the other party terminates the contract or does something which makes it impossible for the other party to complete the contract, he can claim for the work done under the contract. He may also recover the value of the work done where the further performance of the contract becomes impossible.
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The phase “Quantum Meruit” Literally means :a)As soon as possibleb)As much as is earnedc)According to meritd)Quantity of goodsCorrect answer is option 'B'. Can you explain this answer?
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