BUSN 1101 Lecture Notes - Lecture 5: Contract, Quasi-Contract

• School: Northeastern University
• Department: Business Administration
• Course: BUSN 1101
• Professor: Kenneth Jones

Document Summary

Chapter 11 issue spotters: answer: no, ed cannot recover. This contract is for an illegal purpose and therefore is void. The contract was not fully executed; however, it will still be cancelled. A void contract gives rise to no legal obligation on the part of any party. A contract that is void is no contract. There is nothing to enforce here: answer: yes, alison can recover the amount that she paid to jerry. Alison can recover it because a person who is unjustly enriched at the expense of another can be required to account for the benefit under the theory of quasi contract. The parties here did not have a contract set up, but the law will impose one to avoid the unjust enrichment. Therefore, the contract is formed when a person complies with the rules of an offer.