Other Contract Theories Flashcards

1
Q

Sometimes person not technically party in contract may have rights under contract if

A

They are a third-party beneficiary

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2
Q

For beneficiary to enforce contract with other parties to the transaction, beneficiary typically must have been

A

Intended by other parties to…

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3
Q

Intended by other parties to

A

Benefit from the contract

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4
Q

A third party beneficiary is an injured person who sues responsible party and _

A

Makes claims against their liability insurance policy

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5
Q

In some instances, a _ contract may be recognized

A

Quasi

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6
Q

Quasi-contract is a contract implied even though there is no

A

Express promise to do anything

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7
Q

For quasi-contract to be recognized, there must have been some benefit conveyed by _

A

One party over the other

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8
Q

Purpose of quasi-contracts is to prevent party receiving the benefit from being _

A

Unjustly enriched

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9
Q

Concept known as _ may be recognized to enforce certain obligations

A

Promissory estoppel

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10
Q

Promissory estoppel is when someone _ to their own detriment or loss

A

Relies on a promise

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11
Q

Person may sue due to failed promise and loss from it even if _

A

No actual contract was formed

(Promissory estoppel)

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