Recovery Under a Quasi-Contract Theory Requires Proof That the Defendant

question 85

True/False

Recovery under a quasi-contract theory requires proof that the defendant would be unjustly enriched from receiving a benefit conferred to him by the plaintiff without compensating the plaintiff for it.

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Definitions:

Wasted Time

Time that is not utilized effectively or productively in a business setting.

Materials Price Variance

The difference between the actual cost of materials and the standard cost, multiplied by the actual quantity of materials used.

Purchasing Agent

An individual responsible for buying goods and services for a company, ensuring the right materials are acquired at the best prices.

Lower Quality

Lower quality typically refers to products or assets that do not meet certain standards or expectations in terms of performance, durability, or reliability.