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Title Quasi Contract in Business Law: Key Concepts (2025)
URL https://www.kaleeyantey.com/what-is-quasi-contract-in-business-law/
Category Business --> Lawyers
Meta Keywords quasi contract in business law, what is quasi contract, quasi contract
Meta Description Uncover the concept of a Quasi Contract in business law, the purpose and how they’re applied in 2025 to resolve legal disputes without a formal agreement.
Owner Kaleeyantey
Description
A quasi contract in business law refers to an agreement created by a court to prevent unjust enrichment when no formal contract exists. They are used to resolve disputes where one party benefits unfairly at the expense of another, ensuring fairness.