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quantum meruit |
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quantum meruit (pronounced like “merit”) Means “as much as he deserves.” It is the principle that if someone has benefited from the work and goods of another, but without a formal contract,then the one supplying the labor or materials is entitled to a reasonable compensation as long as they did not lead the other to believe it would be free.The theory arises often in construction projects, which seem to have a high percentage of people working on a handshake and an implied understanding of the normal fees in the area. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| The law requires that the broker recover for its services in quantum meruit in order to avoid unjust enrichment of the tenants at the broker's expense. There is a recent appellate decision in the State of New Jersey which further erodes the general rule that an owner is not liable in quantum meruit for services the owner did not contract to receive. |
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