BUSINESS ADMINISTRATION
BUSINESS LAW
Question
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QUASI DELICTS
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QUASI CONTRACTS
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Detailed explanation-1: -Quasi-Contract – when they arise from lawful, voluntary and unilateral acts which are enforceable to the end that no one shall be unjustly enriched or benefited at the expense of another.
Detailed explanation-2: -Accordingly, if something is received when there is no right to demand it, and it was unduly delivered by mistake, the obligation to return it arises. In such a situation, a creditor-debtor relationship is created under a quasi-contract.
Detailed explanation-3: -Quasi-contract is a juridical relation which gives rise to the payment of indemnity for a certain lawful, voluntary and unilateral act in order to prevent unjust enrichment.
Detailed explanation-4: -Quasi-contracts. Certain lawful, voluntary and unilateral acts give rise to the juridical relation of quasi-contract to the end that no one shall be unjustly enriched or benefited at the expense of another (n).