Economic Benefit Doctrine
/ˌiːkəˈnɒmɪk ˈbɛnɪfɪt ˈdɒktrɪn/
Definitions
- (n.) A legal doctrine recognizing compensation for benefits conferred even absent a formal contract, preventing unjust enrichment.
The court applied the economic benefit doctrine to award damages despite no explicit agreement.
Forms
- economic benefit doctrine
Related terms
See also
Commentary
This doctrine is often used to justify recovery when services or benefits are provided without a contract, emphasizing fairness over strict contractual obligations.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.