Quasi-Contract

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Related to Quasi Contracts: implied in law, Implied in law contract

Quasi-Contract

In law, an agreement imposed upon the parties by a court to establish legal equity. A quasi-contract is imposed when the parties should have signed a real contract, but did not, and therefore may find themselves in an inequitable situation.

References in periodicals archive ?

The first (overseen by Professor Seavey) reflected, roughly, the area formerly analysed as quasi contract (but with enlargements into areas originating in tort or equity), while the second (overseen by Professor Scott) comprised an area consisting largely of constructive trusts, resulting trusts, tracing and some equitable defences (material that was consciously carved out of the Restatement of the Law of Trusts, (44) a point to which I will return).