Article Friendly article publishing script homepage.
  Number Times Read : 29    Word Count: 548  
Categories

Accounting
Beauty
Business
Career
Cars and Trucks
Computers
Culture and Society
Environment
Family
Finance
Fitness
Food and Drink
Free Tools and Resources
Health
Hobbies
Home
Humor
Inspirational/Motivation
Internet
Internet Marketing
Legal
Marketing
Men
Music
Personal Development
Pets and Animals
Politics
Psychology
Publishing
Recreation and Leisure
Relationships
Religion and Spiritualit
Root Category
Science
Speaking
Technology
Women
Writing
 
Stats
Total Articles: 887,497
Total Authors: 151,942
Total Downloads: 19,397,382


Newest Member
Eunice Paine

Text Ad's


   

The Legal Theory of Quantum Benefit - Saving Your Legal Bacon!



[Valid RSS feed]  Category Rss Feed - http://article2008.com/rss.php?rss=269
By : Aaron R Daniel    19 or more times read
Submitted 2010-09-13 22:28:48
What is "quantum benefit"? It is a phrase that means essentially "as a lot of as he deserves" and is also referred to as "unjust enrichment". It is the legal theory of last resort for a state of affairs where parties have promised something while not putting it in writing and now feel aggrieved. This makes it a matter of equity in most courts.
The precise application of the quantum merit theory is dependent upon that state you live in. There's no legal customary per se that is employed in all states. Instead, the law in each state is usually slightly different. That being said, one sometimes has to show that the defendant received some benefit, that the benefit was to the detriment of the suing party and justice needs the suing party be compensated. Build positive to check with an attorney in your state to seek out out the specifics. Let's look at an example.
I build kitchen cabinets. Of course, I'm smart at it. I'm a one man business and run everything out of my workshop. I pick up most of my shoppers through referrals. One such referral orders a collection of a really expensive cupboards for his McMansion. I quote him a worth of $40,000. He pays $ten,000 down.
It takes me a month to create the cabinets. I then transport them to his home and install them. I am great at building cabinets, but not so hot at bookkeeping. I do not collect the money, but send an invoice in the mail the subsequent day. Two weeks later, I decision about the balance of $thirty,000. He refuses to pay, saying the $10,000 was the overall cost. We tend to argue, but it is clear he is not going to pay. I've got no contract and failed to have him sign the original estimate.
This is often a good state of affairs for claiming quantum merit. I have no contract, however clearly this customer has been unjustly enriched. I will show he received $forty,000 in cupboards by obtaining estimates from alternative cabinet makers and providing copies of my supply costs. I can show I was only paid $ten,000 and I will show I should be compensated. I will win this case, however may not get the total $thirty,000 do to me. I will also have to pay an attorney, which goes to knock down the quantity I ultimately finish up with. Still, I will have recovered something at least.
Quantum advantage may be a legal theory you actually do not want to each use as a result of you must be using written contracts for all business transactions. That being said, it is a theory you'll use to induce one thing out of a deal you have very messed up by not covering your bases.
Author Resource:-

Link :

Ray Baker has been writing articles online for nearly 2 years now. Not only does this author specialize in Law Legal, you can also check out his latest website about:

Sunquest Tanning Beds Which reviews and lists the best
Sunquest Pro Tanning Beds

Article From Article2008.com

 

HTML Ready Article. Click on the "Copy" button to copy into your clipboard.




Firefox users please select/copy/paste as usual
New Members
select
Sign up
select
learn more
Affiliate Sign in
Affiliate Sign In
 
Nav Menu
Home
Login
Submit Articles
Submission Guidelines
Top Articles
Link Directory
About Us
Contact Us
Privacy Policy
RSS Feeds

Actions
Print This Article
Add To Favorites