Law · Indian Contract Act
Consider the following statements regarding Quasi-Contracts: 1. Quasi-contracts are based on an explicit written or oral agreement between parties. 2. They are imposed by law to prevent unjust enrichment. 3. They strictly require a formal offer and acceptance. 4. They create legal obligations in the absence of a regular contract. Which of the statements given above are correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 12 and 4 only✓
- 21 and 3 only
- 31, 2, 3, and 4
- 41, 2, and 3 only
Correct answer
2 and 4 only
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