Definition
Payment for services rendered based on what they're actually worth, used when no price was agreed upon beforehand. Latin for 'as much as he deserved,' it prevents unjust enrichment when someone benefits from your work.
Example Usage
The consultant sued for quantum meruit after completing the project but never signing the proposed contract.
Origin
Latin 'quantum meruit,' meaning 'as much as he/she deserved'
Fun Fact
Quantum meruit is the legal system's way of saying 'you can't have your cake, eat it too, and then refuse to pay the baker.'
Source: Contract law and equity principles
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not for british school kids...