What Type of Contract Is a Possible Remedy for an Injured

question 42

Multiple Choice

What type of contract is a possible remedy for an injured plaintiff in a case with no valid contract,when the plaintiff can show benefit to the defendant,reasonable expectation of payment,and unjust enrichment? 

• A)an express contract
• B)an implied contract
• C)a quasi-contract
• D)a unilateral contract

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Definitions:

Cash Receipts

The total amount of money, including cash, checks, and credit card payments, received by a business during a given period.

Credit Sales

Transactions where goods or services are provided to a customer with the agreement that payment will be made at a future date.

Selling and Administrative

Expenses associated with the company's efforts to sell its products and manage the overall organization, excluding production costs.

Variable Cost

A cost that changes in proportion to the level of output or activity in a company.