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Quasi

agreement legal subject

[Latin, Almost as it were; as if; analogous to.] In the legal sense, the term denotes that one subject has certain characteristics in common with another subject but that intrinsic and material differences exist between them.

A QUASI CONTRACT is an obligation invoked by law in the absence of an agreement. Its purpose is to create a legal duty where, in fact, no promise or agreement was entered into by the parties.

When an ADMINISTRATIVE AGENCY makes rules and regulations, it is acting in a quasi-legislative capacity.

Quasi Contract [next]

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