Video: Quasi-Contract: Definition & Examples. A quasi-contract exists in the absence of a written contract and may be court ordered to avoid one party gaining at the expense of another party's actions. Business 103: Introductory Business Law / Business Courses.
The Panic of 1837 was partly caused by the economic policies of President Jackson, who created the Specie Circular by executive order and refused to renew the charter of Second Bank of the United States.
The Rebellion of 1837 was about many revolts and attacks against the rule of Great Britain. Peasants and Civilians were fighting for Democracy and Independence. By the time the crisis ended in 1838, hundreds had been killed, thousands were refugees, and the colonial regime was firmly reestablished.