A Quasi Contract refers to a contractual obligation imposed by law on the promisor.
It bears the same effect as of a valid contract.
Quasi contracts are based on notion of natural justice and equity, these are obligations which arise due to conscience and are subsequently verified by law so as to be legally enforceable.Various types of Quasi contracts as given in The Indian Contract Act, 1872 are as follows -
- Section 68 - Supply of necessities of life to persons those are rendered incompetent to contract. For Example; a minor, a lunatic person etc.Click here for the related case problem
- Section 69 - Payment of a legal liability of one person discharged by other person who is interested in the transaction under which such liability arises.Click here for the related Case Problem
- Section 70 - Obligation of a person enjoying any non gratuitous act.Click here for the related Case Problem
- Section 71 - Finder of goods. It is to be remembered that a finder of goods has same rights and duties as that of a bailee.Click here for the related Case Study
- Section 72 - Money paid under a mistake or coercion.Click here for the related Case Problem
Apart from the above provisions, there are certain Qualifying Criteria For Quasi Contract which should be kept in mind while answering any case problem in examination
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