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A Quasi Contract
is a contract
is an agreement
has only a legal obligation
is none of these
- Option:1, is a contract
- A quasi-contract is not actually a contract.
- It is a legal substitute formed to impose equity between parties.
- Option:2, is an agreement
- It is not an agreement made between parties.
- Rather, it is imposed by the court to prevent unjust enrichment.
- Option:3, has only a legal obligation
- While it involves legal obligations, it’s not solely about them.
- It is intended to enforce an obligation to ensure fairness.
- Option:4, is none of these
- A quasi-contract is not naturally a contract, agreement, or solely legal obligation.
Option 4 is correct: it does not fit precisely as any of the other options.
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