Examlex
Which of the following inventories carried by a manufacturer is similar to the merchandise inventory of a retailer?
Void Contract
A contract that is legally unenforceable from the start due to illegality or inability to fulfill the terms.
Quasi-Contract
Not an actual contract but a legal construct imposed by courts to prevent unjust enrichment where no formal contract exists.
Unjustly Enriched
A legal term describing a situation where one party benefits at another's expense without a valid basis for the gain.
Statute of Limitations
Laws that set the maximum time after an event within which legal proceedings may be initiated.
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