Law · Law of Contracts
Consider the following statements regarding Quasi-Contracts: I. According to the orthodox view, the judicial basis for a quasi-contract is the prevention of unjust enrichment. II. Unlike in ordinary tort claims, the remedy in quasi-contracts is typically for a liquidated sum of money. III. The obligation in both quasi-contracts and torts is imposed by law and does not arise from mutual agreement. Which of the statements given above is/are correct?
- 1All of the above
- 2I and III only
- 3II and III only✓
- 4I and II only
Correct answer
II and III only
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