Quasi Contracts Are Imposed on Parties in the Interest of Fairness

question 22

True/False

Quasi contracts are imposed on parties in the interest of fairness and justice.

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Definitions:

Revocable Offer

An offer that can be withdrawn by the offering party before it is accepted by the offeree, typically within a certain time frame.

Unilateral Offer

An offer made by one party where acceptance is performed through an action rather than a promise of action.

Construct

A construct is an abstract idea or concept constructed by combining different elements of knowledge, often used in various fields such as psychology and sociology.

Misprint

A mistake in printed material resulting from mechanical failures of some kind.