implied in law contract

An obligation created by law for the sake of justice; specif., an obligation imposed by law because of some special relationship between them, or because one of them would otherwise be unjustly enriched.

• An implied-in-law contract is not actually a contract, but instead a remedy that allows the plaintiff to recover a benefit conferred on the defendant.

— Also termed contract implied in law; quasi-contract; constructive contract. See UNJUST ENRICHMENT. [Cases: Implied and Constructive Contracts 1. C.J.S. Implied and Con-structive Contracts §§ 2–3.]


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译者Wendy,欧洲知名商学院国际金融专业,擅长翻译各种与私募基金相关的法律文件。
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