Quasi/Constructive Contract Flashcards
Quasi / Constructive Contract
Created by law on the basis of principle of Equity
e.g (No one should get benefits at expense of other)
Types of Quasi contract
1- Necessities supplied to incompetent person (e.g Minor , unsound mind , dependent)
- Necessities
- Reasonable price
- Recovered from property only
2- Finder of lost goods
- Liabilities ( To take care , To trace owner)
- Rights (To recover expense , To sell) (2/3rd)
3- Money paid by mistake or under coercion
4- Money paid for another person by interested party
- Bound by law
- Non voluntary / Non Gratuitous
- For protection of own interest
5- Non Gratuitous Act
- Intended to be non gratuitous
- Delivered lawfully
- person enjoyed benefits