QUASI CONTRACT VS QUANTUM MERUIT

319 views 1 replies
kindly explain the difference between QUASI CONTRACT and QUANTUM MERUIT in layman's term with eg.
Thanks in Advance.
Replies (1)
Quasi-contracts is the agreement imposed by the law, which outlines the obligation of one party towards another party in case the former possesses the property of the latter party, i.e., something is acquired by one party at the expense of another party.


quantum meruit means “what one has earned” or “as much as he has earned”. In simpler terms, it refers to the actual value of the services rendered or performed. 

Even if there is no specific contract this law implies a promise to pay a reasonable amount for the labour and material furnished.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details