United States
The Restatement (Third) of Restitution and Unjust Enrichment states that:
Unjust enrichment is enrichment that lacks an adequate legal basis: it results from a transfer that the law treats as ineffective to work a conclusive alteration in ownership rights."
The North Dakota Supreme Court has ruled that five elements must be established to prove unjust enrichment:
- An enrichment
- An impoverishment
- A connection between enrichment and the impoverishment
- Absence of a justification for the enrichment and impoverishment
- An absence of a remedy provided by the law
In Massachusetts, there are some decisions denying recovery in restitution by the breaching party although this is not generally the rule in the United States.
Read more about this topic: Unjust Enrichment
Famous quotes related to united states:
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—Alexis de Tocqueville (1805–1859)
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—Calvin Coolidge (1872–1933)
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—Franklin D. Roosevelt (1882–1954)