Contracts that are implied in law:
A)are obligations imposed by law on grounds of justice and equity.
B)are intended to prevent unjust enrichment.
C)do not rest upon the assent of the contracting parties.
D)All of the above.

Question

Quizplus · Accepted Answer

Contracts that are implied in law are imposed by law on the grounds of justice and equity, as they are intended to prevent unjust enrichment. They do not rest upon the assent of the contracting parties, meaning that they are not explicitly agreed upon but rather assumed by law. Therefore, all of the above options are correct.

Contracts That Are Implied in Law