The Doctrine of Quasi-Contracts Is Predominantly Based on A(n)

question 2

Multiple Choice

The doctrine of quasi-contracts is predominantly based on a(n)

• A) reciprocal contract.
• B) implied-in-law contract.
• C) express contract.
• D) bilateral contract.
• E) unilateral contract.

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Definitions:

Units

Basic quantities or measurements used to express variables, such as meters for length or kilograms for weight.

Price Ceiling

A government-imposed limit on the price charged for a product, aimed at keeping prices from rising too high.

Quantity Demanded

The amount of a good or service consumers are willing and able to purchase at a given price.

Quantity Supplied

Quantity Supplied refers to the amount of a certain good producers are willing to supply when receiving a certain price, directly influenced by the price level, among other factors.