Question
When there is a breach of contract, the party which has
performed a part of his obligation, is entitled to recover value of what has been done by him. This remedy is known as:Solution
This is a Latin Phrase related to the Indian Contract Act which means as much as he has earned. Further, it provides that even if there is no contract between the parties this law implies a promise to pay a reasonable amount for the labour and material provided. Such circumstances wherein someone gets a benefit while the other party gets nothing or the benefit or enrichment which one party receives as a result of the other party’s actions. Therefore, the party who has received the services is unjustly benefited and must return it to the party who provided that.
Which of the following represents composite supply
Company A promises to sell land to Company B but does not sign a written agreement. B makes payment and takes possession. Is this enforceable?
The minimum number of members required to form a Private Limited Company in India is:
Mr. X, a minor, enters into a contract to buy a bike. Later, he refuses to pay. What is the legal position?
Which of the following is a quasi-contract?
As per the Companies Act, 2013 a Company means_____________
Minimum number of directors required in a public company is:
A Public Limited Company must have a minimum of how many directors?
The doctrine of "Ultra Vires" is related to:
A "Contract of Indemnity" is defined under which section of the Indian Contract Act, 1872?
