A Quasi Contract Arises from a Mutual Agreement Between Two

question 50

True/False

A quasi contract arises from a mutual agreement between two parties.

---

Definitions:

Asset Utilization

A measure of how efficiently a company uses its assets to generate revenue.

Assets

A firm’s economic resources, or items of value that it owns, such as cash, inventory, land, equipment, buildings, and other tangible and intangible things.