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quantum valebant


quantum valebant, defined:

the value of goods. Originating in English common law, quantum valebant is often used as a quasi-contractual award. For instance, two parties form something that resembles a contractual relationship; although there is no actual contract. One of the parties provides goods to the other party. A dispute over payment occurs. The court, not wanting to see one party unjustly enriched, may allow the damaged party a quantum valebant recovery for the fair-market value of the goods.

quantum valebant, as it might be used:

The complaint listed quantum valebant as a cause of action for the reasonable value of the farm product that the defendant had requested.
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