As a professional, I am pleased to provide you with an article on «what is an implied in law contract» that will help you understand this concept better.

An implied in law contract, also known as a quasi-contract, is a type of contract that is not explicitly agreed to by both parties involved. Instead, this type of contract is created by a court to avoid unjust enrichment of one party at the expense of the other.

In other words, an implied in law contract is a legal mechanism used by courts to prevent one party from benefiting unfairly at the expense of the other, even if there was no formal agreement between both parties. This type of contract is based on a principle of fairness that is used to resolve disputes that arise in situations where no formal contract exists.

For example, imagine that you hire a contractor to remodel your kitchen, but you never explicitly agree on a price. The contractor completes the work and sends you a bill for what you consider to be an excessive amount. If you refuse to pay the amount, the contractor may sue you for breach of contract. However, if the court determines that there was no express agreement on the price, it may create an implied in law contract to determine a fair price based on the circumstances of the work done, the contractor`s reputation, and other factors.

Implied in law contracts are also used in situations where one party has acted to the detriment of another party without consent, such as when you save someone`s life and they are unable to pay you for your services. In this case, an implied in law contract may be created to compensate you for the value of your services.

In conclusion, an implied in law contract is a legal mechanism used by courts to prevent unjust enrichment of one party at the expense of the other. It is a contract that is created by a court to ensure fairness and equity in situations where no formal agreement exists. If you are facing a situation where an implied in law contract may be necessary, it is best to consult with a qualified attorney who can provide you with the guidance and support you need.