Where there is an implied promise to pay for what services rendered are reasonably worth, it is referred to as
A) implied price.
B) quantum meruit.
C) implied value.
D) quasi price.
E) direct cost.

Question

Quizplus · Accepted Answer

Quantum meruit is a Latin term meaning "as much as he deserves" and is used in legal contexts to refer to a situation where there is an implied promise to pay for services rendered that are reasonably worth. It is often used in situations where there is no explicit agreement on price or payment terms.

Where There Is an Implied Promise to Pay for What