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________ arises when obligations are created without a contract. 
  • a)
    Quasi contract 
  • b)
    Wagering contract
  • c)
    Contingent contract
  • d)
    None of the above.
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
________ arises when obligations are created without a contract.a)Quas...
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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________ arises when obligations are created without a contract.a)Quasi contractb)Wagering contractc)Contingent contractd)None of the above.Correct answer is option 'A'. Can you explain this answer?
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