A Quasi Contract Is Another Name for an Oral Contract

question 49

True/False

A quasi contract is another name for an oral contract.

---

Definitions:

Frequent-Flyer Programs

Loyalty programs offered by airlines to reward customers for their repeat business with benefits such as free flights.

Same Airline

Referring to flight bookings, services, or policies that apply when all legs of a journey are operated by the same airline company.

Customer Lifetime Value

The total worth to a business of a customer over the whole period of their relationship.

Usage Rate

The frequency at which a consumer uses a product or service within a given time frame.