What does Kaz mean? This page is all about the meaning, abbreviation and acronym of Kaz. explaining the definition or meaning and giving useful information of similar terms. Kaz Stands For : Katherine | Keio Advanced Zero | Keyboarding A To Z | Keyboarding A Z | Keystone Active Zone
Quasi-Contract Definition: Civil law: a contract implied and imposed by law resulting from certain actions of a person. In civil law, contractual obligations that arise from certain facts. Quasi contract ... an obligation which law creates in absence of an agreement; it is invoked by courts where there is unjust enrichment ...
This typically means, in regards to the creation of a quasi-contract, that damages are restricted to the cost of the plaintiffâs materials and labor. In these situations, profits are excluded on the grounds that it is unfair for a party who did not want to enter a contract to pay the profits to the other party.