Examlex
If a firm sells a total of 100 shares of stock,then
Quasi Contract
An obligation imposed by law to prevent unjust enrichment, even though no actual contract exists between the parties involved.
Specific Performance
A legal remedy requiring a party to perform a specific act, often the fulfillment of contractual obligations, as opposed to paying damages.
Gross Negligence
An extreme lack of care that demonstrates a willful or reckless disregard for the safety or lives of others, significantly beyond ordinary negligence.
Willful Misconduct
Intentional wrongdoing or reckless disregard for the safety and rights of others.
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