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The contracts in which law creates certain rights & obligations similar to those of a contract are : 
  • a)
    Contingent contract 
  • b)
    Constructive contract 
  • c)
    Wagering contract 
  • d)
    Quasi contract 
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
The contracts in which law creates certain rights & obligations si...
Court's determination of an obligation of one party to another where no actual contract exists. It is based on the parties' conduct, mutual relationship, and/or on the possibility that one would be unjustly enriched at the expense of the other. In strict legal terms a quasi contract does not constitute a formal contract, but is a legal remedy that allows a plaintiff to recover an award or benefit conferred on the defendant.
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The contracts in which law creates certain rights & obligations similar to those of a contract are :a)Contingent contractb)Constructive contractc)Wagering contractd)Quasi contractCorrect answer is option 'D'. Can you explain this answer?
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