Which of the Following Is a Doctrine by Which Courts

question 42

Multiple Choice

Which of the following is a doctrine by which courts imply,as a matter of law,a promise to pay the reasonable value of goods or services when the party receiving such goods or services has knowingly done so under circumstances that make it unfair to retain them without paying for them?

• A)Quasi-contract
• B)Freedom of contract
• C)Promissory estoppel
• D)Implied in law contract

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Definitions:

Friendly Suitor

An individual or entity that proposes a non-hostile takeover or merger with another company, often presenting mutually beneficial terms.

Purposive Approach

A method of statutory interpretation where courts look at the legislature's intent behind the law to apply it to specific cases.

RPM Agreement

The agreement between a retailer and a manufacturer that the retailer will sell certain products at a price set by the manufacturer.

Small Retail Co.

A business that sells goods or merchandise to consumers in relatively small quantities for personal, non-business use.