Quasi Contract or Implied Contract deals with rights or liabilities accruing from relations resembling those created by Contract. These relations resembling contract are known as contract implied in law or quasi contract. It is not a real contract and thus called a consensual contract based on agreement of the parties. Quasi-contracts are based on the principal of equity and justice and prevent enrichment of one person at the cost of another.
The different types of Quasi Contracts are:
a.Claim for necessaries supplied to person incapable of contracting or on his account.- If a person, incapable of entering into a contract, or anyone whom he is legally bound to support, is supplied by another person with necessities suited to his condition in life, the person who has furnished such supplies in entitled to be reimbursed from the property of such incapable person.
b.Reimbursement of person paying money due by the other, in payment of which he is interested A person who is interested in the payment of money which another is bound by law to pay, and who therefore pays it, in entitled to be reimbursed by the other.
c.Obligation of person enjoying benefit of non-gratuitous act When a person lawfully does anything for another person or delivers anything to him not intending to do so gratuitously and such other person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of or to restore, the thing so done or delivered.
d.Responsibility of finder of goods; A person who finds goods belonging to another and takes into his custody, is subject to the same responsibility as a bailee.
e.Liability of person to whom money is paid, or thing delivered by mistake or under coercion A person to whom money has been paid or anything delivered by mistake or under coercion must repay or return it.
The different types of Quasi Contracts are:
a.Claim for necessaries supplied to person incapable of contracting or on his account.- If a person, incapable of entering into a contract, or anyone whom he is legally bound to support, is supplied by another person with necessities suited to his condition in life, the person who has furnished such supplies in entitled to be reimbursed from the property of such incapable person.
b.Reimbursement of person paying money due by the other, in payment of which he is interested A person who is interested in the payment of money which another is bound by law to pay, and who therefore pays it, in entitled to be reimbursed by the other.
c.Obligation of person enjoying benefit of non-gratuitous act When a person lawfully does anything for another person or delivers anything to him not intending to do so gratuitously and such other person enjoys the benefit thereof, the latter is bound to make compensation to the former in respect of or to restore, the thing so done or delivered.
d.Responsibility of finder of goods; A person who finds goods belonging to another and takes into his custody, is subject to the same responsibility as a bailee.
e.Liability of person to whom money is paid, or thing delivered by mistake or under coercion A person to whom money has been paid or anything delivered by mistake or under coercion must repay or return it.
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What is Quasi Contract? What are the different types of Quasi Contracts.
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