Which of the following statements is true in relation to the equitable remedy of quantum meruit?

Question

Quizplus · Accepted Answer

Quantum meruit is a legal principle that allows a person to recover a reasonable amount for goods or services provided to another, even in the absence of a specific contract detailing the payment amount. It does not literally mean 'the quantity or quality you have acquired' (which is incorrect for A), and it is not most likely where there is a breach of contract involving a precise sum of money (which makes C incorrect). It is about ensuring fair compensation for services or goods provided when a contract's terms are not clear or a contract is non-existent.

Which of the Following Statements Is True in Relation to the Equitable