Understanding Quasi Contracts
Quasi contracts outline the obligation of one party to another when the latter is in possession of the original party’s property. These parties may not necessarily have had a prior agreement with one another. The agreement is imposed by law through a judge as a remedy when Person A owes something to Person B because they come into possession of Person A’s property indirectly or by mistake. The contract becomes enforceable if Person B decides to keep the item in question without paying for it.
