The interest designed to return to the injured party a benefit that he has conferred on the other party,which it would be unjust to leave with that person is the:
A) restitution interest.
B) reliance interest.
C) expectation interest.
D) equitable interest.

Question

Quizplus · Accepted Answer

The restitution interest is designed to return to the injured party a benefit that he has conferred on the other party, which it would be unjust to leave with that person. This interest is usually invoked when a contract has been breached or when unjust enrichment has occurred. The purpose of the restitution interest is to prevent unjust enrichment and to restore the parties to their pre-contractual position. Thus, option A is the correct answer. The reliance interest is designed to compensate the injured party for expenses incurred in reliance on the contract, while the expectation interest is designed to compensate the injured party for the loss of the benefit of the bargain. The equitable interest refers to the interest that a party has in property held by another, such as a lien or a mortgage.

The Interest Designed to Return to the Injured Party a Benefit