When One Party Performs an Action to the Benefit of the Other

question 26

Multiple Choice

When one party performs an action to the benefit of the other, even if a contract has not been effectively made, a court may rule that the performing party was entitled to recoup the reasonable value of the services rendered under:

• A) an express contract.
• B) quantum meruit.
• C) promissory estoppel.
• D) Article 2 of the UCC.

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Definitions:

Ethics Leaders

Individuals who promote and uphold ethical standards and integrity within an organization or community.

Whistle Blowers

Individuals who expose illegal, unethical, or improper conduct within their organization, often facing potential retaliation.

Renewable Energy

Sources of energy that are not depleted when used, such as solar, wind, hydro, and geothermal power.

Executive Leader

A high-level manager who is responsible for setting strategic goals, making critical decisions, and leading an organization toward its objectives.