Contracts are like promises in the world of law, ensuring that agreements between people are followed. A simple example is buying a phone – the seller promises to give you the phone when you pay. In the legal world, a contract, as defined in Section 2(h) of the Indian Contract Act, 1872, is an agreement recognized and enforced by the law.

Contracts are an essential part of our legal system and regulate a wide range of daily interactions and transactions. In contract law, the idea of quasi obligations is frequently disregarded. Contracts implied by law or quasi-contracts are terms used to describe these relationships that bear resemblance to contracts.
