If a Debtor Overpays a Creditor by $5,000,the Debtor Can

question 94

True/False

If a debtor overpays a creditor by $5,000,the debtor can force the creditor to return that amount by suing under quasi-contract.

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Definitions:

Profit

Financial gain obtained from an investment, operation, or venture after subtracting the expenses.

Land

The solid part of the earth's surface, considered as property and subject to ownership and use rights.

Future Interest

A person’s present right to property ownership and possession in the future.

Conditional Estate

A form of property ownership that is subject to certain conditions or the occurrence of a specific event.