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Quasi and Contingent Contracts

Quasi Contracts are obligations imposed by law on parties who have not entered into a formal agreement, preventing unjust enrichment. They typically involve monetary rights and are enforceable as contracts, focusing on duty rather than promise. An example includes a situation where a person consumes goods mistakenly delivered to them and is required to pay for them despite no agreement with the owner.

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6 views5 pages

Quasi and Contingent Contracts

Quasi Contracts are obligations imposed by law on parties who have not entered into a formal agreement, preventing unjust enrichment. They typically involve monetary rights and are enforceable as contracts, focusing on duty rather than promise. An example includes a situation where a person consumes goods mistakenly delivered to them and is required to pay for them despite no agreement with the owner.

Uploaded by

shruticse2024
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Quasi Contracts e

us

Under Certain special Circumstances , obligations resembling


those
of a contract are imposed on the parties even if they
have not entered into contract
.
any

Such obligations imposed are called Quasi Contracts .

The principle of Quasi Contract is that any person should


not at the expense of another .
gain unjustly

Salient Entures of Qasi Contracts


zu
are

Parties have not entered into any


agreement, but
=

the contract is arised out of imposed by


the law
obligations

=> the right Quasi Contract is always right to


in
money , and
generally though not always to a liquidated
sum
of money
.

=> Quasi Contract is imposed to certain Person (s)


It cannot be imposed against the world at large.

=> A suitfor breach of Quasi Contract should be treated


same as that
of a Contract.
=> Duty ,
not promise is basis to such contract
.

Example ofQuasi
w

= A fruit parcel is delivered under mistakes to R who consumes


the
fruits thinking them as birthday present. R must return the parce
or
pay for he fruits Although there is no agreement between R and
the true owner, yet he is bound to
.

pay as the law regards it


a

Quasi Contract
-

.
Contingent Contract
- w me

Maringgent Contracts
-

=
According to the section (31) the Indian Contracts
of
Act , 1872 .
"A contract to do or not to do ,if an event
Collateral to such contract ,
does or does not happen .
"

Rule relating to the enement f Comment Co


= Enforcement of contracts
contingent on an event
happening (sec32)
=>
Enforcement of contracts contingent upon not happening of an
event (sec 33)

=> A contract would cease to be


enforceable if it is contingent
living person
uponaliving
personwhenIt is ofa happening
,
· does something to make
. (Sec 34)

Contingen (Se(35)
m e upon happening of specified event within

=>Contingent ponnothappening of specified ese


=> Contingent on an
impossible .)
event (Sec 3

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