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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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