Which of the Following Is Intended to Avoid Unjust Enrichment

question 11

Multiple Choice

Which of the following is intended to avoid unjust enrichment?

• A)A bilateral contract
• B)A quasi contract
• C)A void contract
• D)An express contract

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Definitions:

Accommodation Indorser

A party who endorses a negotiable instrument for the purpose of lending their credit to another party without direct benefit.

Contractual Liability

Contractual liability involves obligations that a party has agreed to assume in a contract, making them legally responsible for fulfilling the terms of the agreement.

Transfer Warranty

A guarantee in legal documents, especially in sales of goods, assuring the recipient that the transferor has valid title and that the transfer is rightful.

Presentment Warranty

Assurance given in a transaction that certain facts are true as of the time of the deal, generally related to financial instruments.