The Monday NY Blawg Round Up
Were Injuries Resulting From a Replacement Wheelchair Foreseeable?

Define That Term #103

Friday's term was quantum meruit, which is defined as:

(kwahn-tuhm mare-ooh-it) n. Latin for "as much as he deserved," the actual value of services performed. Quantum meruit determines the amount to be paid for services when no contract exists or when there is doubt as to the amount due for the work performed but done under circumstances when payment could be expected. This may include a physician's emergency aid, legal work when there was no contract, or evaluating the amount due when outside forces cause a job to be terminated unexpectedly. If a person sues for payment for services in such circumstances the judge or jury will calculate the amount due based on time and usual rate of pay or the customary charge, based on quantum meruit by implying a contract existed.

Slickdpdx got it right.

Today's term is:

derivative action.

No dictionaries, please.

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slickdpdx

Something about shareholders suing a corporation

...little help somebody? anybody?

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