Rough & Ready Timber Company orally contracts with Shawn for the purchase of five acres of Shawn's timberland.Shawn makes the transfer but Rough & Ready does not pay the price.The lack of a written contract could bar enforcement of this deal.If so,Shawn could most likely recover on a theory of
A)reformation.
B)restitution.
C)liquidated damages.
D)quasi contract.

Question

Quizplus · Accepted Answer

Since there was no written contract, Shawn could recover on a theory of quasi-contract, which is an implied-in-law contract that allows a party to recover for the benefit they have conferred on the other party. Restitution is the remedy for quasi-contract, and it involves returning the benefit conferred or paying restitution for its value. Reformation and liquidated damages are not applicable since there was no written contract.

Rough & Ready Timber Company Orally Contracts with Shawn for the Purchase