James Goes to a Dentist to Have a Tooth Extracted

question 27

Multiple Choice

James goes to a dentist to have a tooth extracted.James never signs a written contract for this service,and he and the dentist never made an oral agreement either.Later,the dentist bills James who refuses to pay.The dentist sues James.Which of the following is true?

• A) The dentist can recover under quasi-contract.
• B) The dentist cannot recover under an implied contract theory.
• C) The dentist can recover under the doctrine of promissory estoppel.
• D) The dentist cannot recover because there was no express contract here.

---

Definitions:

Government Deficit

A situation where a government's expenditures exceed its revenues.

Loanable Funds

A term in economics that refers to all the money available for borrowing in the financial markets, determined by the level of savings vs. the demand for borrowing.

NPV

Net Present Value; a calculation used to assess the value of an investment, taking into account the present value of its cash inflow and outflow over time.

Interest Rates

The percentage at which interest is paid by borrowers for the use of money they borrow from a lender.