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The set point is
Auctions Without Reserve
Auctions where the item for sale will be sold to the highest bidder regardless of the bid amount, with no minimum selling price.
Implied-In-Law Contract
An obligation created by law for equity and fairness, even though no actual agreement was made by the parties.
Quasi-Contract
An obligation imposed by law in the absence of a contract to prevent unjust enrichment, where one party receives a benefit at the expense of another without a formal agreement.
Causa Mortis
Refers to a gift given by someone in expectation of their imminent death, with specific legal ramifications.
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