What Does Quasi Contract Mean?

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What does Quasi Contract mean? Read on to discover the definition & meaning of the term Quasi Contract - to help you better understand the language used in insurance policies.

Quasi Contract

Quasi Contract

A legal doctrine invoked by courts that imposes an obligation not actually established in a contract. The most frequent insurance application is in matters relating to preservation of salvage.

We hope the you have a better understanding of the meaning of Quasi Contract.

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