CAF-4 · Chapter 10 · Question 10 of 12
The term 'Quantum Meruit' literally means:
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: A) As much as is deserved.
Explanation
Quantum Meruit allows a party who has performed part of a contract to recover the value of the work done when the other party prevents further performance or the contract becomes void.
More Remedies for breach of contract MCQs
- Q12Duty to 'mitigate' loss means that the injured party:
- Q1When a contract has been broken, the party who suffers by such breach is entitled to receive, from the party who has broken the contract…
- Q2Compensation is NOT to be given for any ___________ loss or damage sustained by reason of the breach.
- Q3When a contract contains a clause stating a specific amount to be paid in case of a breach, this is known as:
- Q4Under Section 74, if a sum is named as the amount to be paid in case of breach, the party complaining is entitled to: