Examlex
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Fairness of the Bargain
The equitableness or justness of the terms agreed upon in a contractual agreement.
Lawful Purpose
A lawful purpose is an action, contract, or transaction that is not in violation of any legal statutes or regulations.
Quantum Meruit
Quantum meruit is a legal principle allowing a party to recover the reasonable value of services provided, even in the absence of a formal contract.
Promissory Estoppel
A legal doctrine preventing a person from going back on a promise, even if it was made without formal consideration, when others have relied on that promise to their detriment.
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