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Quantum valebant - Wikipedia

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Unsourced material may be challenged and removed.<br /><small><span class="plainlinks"><i>Find sources:</i>&#160;<a rel="nofollow" class="external text" href="https://www.google.com/search?as_eq=wikipedia&amp;q=%22Quantum+valebant%22">"Quantum valebant"</a>&#160;–&#160;<a rel="nofollow" class="external text" href="https://www.google.com/search?tbm=nws&amp;q=%22Quantum+valebant%22+-wikipedia&amp;tbs=ar:1">news</a>&#160;<b>·</b> <a rel="nofollow" class="external text" href="https://www.google.com/search?&amp;q=%22Quantum+valebant%22&amp;tbs=bkt:s&amp;tbm=bks">newspapers</a>&#160;<b>·</b> <a rel="nofollow" class="external text" href="https://www.google.com/search?tbs=bks:1&amp;q=%22Quantum+valebant%22+-wikipedia">books</a>&#160;<b>·</b> <a rel="nofollow" class="external text" href="https://scholar.google.com/scholar?q=%22Quantum+valebant%22">scholar</a>&#160;<b>·</b> <a rel="nofollow" class="external text" href="https://www.jstor.org/action/doBasicSearch?Query=%22Quantum+valebant%22&amp;acc=on&amp;wc=on">JSTOR</a></span></small></span> <span class="date-container"><i>(<span class="date">August 2019</span>)</i></span><span class="hide-when-compact"><i> (<small><a href="/wiki/Help:Maintenance_template_removal" title="Help:Maintenance template removal">Learn how and when to remove this message</a></small>)</i></span></div></td></tr></tbody></table> <p><i><b>Quantum valebant</b></i> is a Latin phrase meaning "as much as they were worth". It is sometimes used in its singular form, <i>quantum valebat</i>, meaning “as much as it was worth". It is a common count at law very similar to <i><a href="/wiki/Quantum_meruit" title="Quantum meruit">quantum meruit</a></i>. The two legal actions differ only in that <i>quantum meruit</i> is used to recover the reasonable <a href="/wiki/Value_(economics)" title="Value (economics)">value</a> of <a href="/wiki/Service_(economics)" title="Service (economics)"><i>services</i></a> rendered, while <i>quantum valebant</i> is used to recover the reasonable value of <a href="/wiki/Good_(economics)" class="mw-redirect" title="Good (economics)"><i>goods</i></a> sold and delivered.<sup id="cite_ref-1" class="reference"><a href="#cite_note-1"><span class="cite-bracket">&#91;</span>1<span class="cite-bracket">&#93;</span></a></sup> This count is considered a type of <a href="/wiki/Assumpsit" title="Assumpsit">assumpsit</a>.<sup id="cite_ref-2" class="reference"><a href="#cite_note-2"><span class="cite-bracket">&#91;</span>2<span class="cite-bracket">&#93;</span></a></sup> </p> <div class="mw-heading mw-heading2"><h2 id="Case_law">Case law</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Quantum_valebant&amp;action=edit&amp;section=1" title="Edit section: Case law"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <p>The <a href="/wiki/Supreme_Court_of_California" title="Supreme Court of California">Supreme Court of California</a> has held: </p> <blockquote><p>Although such an action is one at law, it is governed by principles of equity. It may be brought 'wherever one person has received money which belongs to another, and which "in equity and good conscience," or in other words, in justice and right, should be returned.&#160;.&#160;.&#160;. The plaintiff's right to recover is governed by principles of equity, although the action is one at law.<sup id="cite_ref-3" class="reference"><a href="#cite_note-3"><span class="cite-bracket">&#91;</span>3<span class="cite-bracket">&#93;</span></a></sup></p></blockquote> <p>An illustration of a <a href="/wiki/Case_law" title="Case law">case</a> in which <i>quantum valebant</i> was allowed is <i>In re Monitor Prods. Co.</i>.<sup id="cite_ref-4" class="reference"><a href="#cite_note-4"><span class="cite-bracket">&#91;</span>4<span class="cite-bracket">&#93;</span></a></sup> In that case, the <a href="/wiki/United_States_Navy" title="United States Navy">United States Navy</a> had entered into a contract to buy 160 electronic oscillator units at a specified <a href="/wiki/Price" title="Price">price</a>. The Navy later decided that it wanted 40 more units. Monitor, the subcontractor, told the Navy's project engineer that it needed substantial price increase for the additional 40 units as well as reimbursement for <a href="/wiki/Cost_overrun" title="Cost overrun">cost overruns</a> which it was incurring in producing the initial 160 units; otherwise it would have to cease <a href="/wiki/Production_(economics)" title="Production (economics)">production</a>. No additional formal contract was signed, but the project went ahead and Monitor provided the 200 units. The Navy declined to pay any additional amount, although Monitor insisted that it was induced to incur the additional costs by a representative of the Navy (the project engineer), who appeared to have the authority to commit the Government. </p><p>The <a href="/wiki/Comptroller_General_of_the_United_States" title="Comptroller General of the United States">Comptroller General of the United States</a> held that </p> <blockquote><p>the courts and our Office have recognized that in appropriate circumstances payment may be made for services rendered on a <i>quantum meruit</i> basis (the reasonable value of work or labor), or for goods furnished on a <i>quantum valebat</i> basis (the reasonable value of goods sold and delivered).</p></blockquote> <p>According to the ruling, the Navy ratified an agreement for the extra units and cost overrun. Therefore, "Monitor's claim may be paid to the extent that the value of the items furnished exceeds any compensation which Monitor may have received from" the prime contractor for the work. </p> <div class="mw-heading mw-heading2"><h2 id="References">References</h2><span class="mw-editsection"><span class="mw-editsection-bracket">[</span><a href="/w/index.php?title=Quantum_valebant&amp;action=edit&amp;section=2" title="Edit section: References"><span>edit</span></a><span class="mw-editsection-bracket">]</span></span></div> <style data-mw-deduplicate="TemplateStyles:r1239543626">.mw-parser-output .reflist{margin-bottom:0.5em;list-style-type:decimal}@media screen{.mw-parser-output .reflist{font-size:90%}}.mw-parser-output .reflist .references{font-size:100%;margin-bottom:0;list-style-type:inherit}.mw-parser-output .reflist-columns-2{column-width:30em}.mw-parser-output .reflist-columns-3{column-width:25em}.mw-parser-output .reflist-columns{margin-top:0.3em}.mw-parser-output .reflist-columns ol{margin-top:0}.mw-parser-output .reflist-columns li{page-break-inside:avoid;break-inside:avoid-column}.mw-parser-output .reflist-upper-alpha{list-style-type:upper-alpha}.mw-parser-output .reflist-upper-roman{list-style-type:upper-roman}.mw-parser-output .reflist-lower-alpha{list-style-type:lower-alpha}.mw-parser-output .reflist-lower-greek{list-style-type:lower-greek}.mw-parser-output .reflist-lower-roman{list-style-type:lower-roman}</style><div class="reflist"> <div class="mw-references-wrap"><ol class="references"> <li id="cite_note-1"><span class="mw-cite-backlink"><b><a href="#cite_ref-1">^</a></b></span> <span class="reference-text">See 1 Corbin on Contracts (rev. ed.1993) § 1.18, at p. 53 (footnote omitted).</span> </li> <li id="cite_note-2"><span class="mw-cite-backlink"><b><a href="#cite_ref-2">^</a></b></span> <span class="reference-text">See Joseph &amp; Thomas Chitty, 1 <i>A Treatise on the Parties to Actions, and on Pleading</i>, p. 760 (1837); <i>Harn v, Patterson</i>, 58 Okla. 694, 160 P. 924, 926 (1916).</span> </li> <li id="cite_note-3"><span class="mw-cite-backlink"><b><a href="#cite_ref-3">^</a></b></span> <span class="reference-text"><i>Mains v. City Title Ins. Co.</i>, 34 Cal.2d 580, 586, 212 P.2d 873 (1949) (internal citations omitted).</span> </li> <li id="cite_note-4"><span class="mw-cite-backlink"><b><a href="#cite_ref-4">^</a></b></span> <span class="reference-text">Decisions of the U.S. Comptroller General (July 27, 1976), No. B-182437</span> </li> </ol></div></div> <!-- NewPP limit report Parsed by mw‐api‐ext.eqiad.main‐754bb4dcf‐7smzz Cached time: 20241114073319 Cache expiry: 2592000 Reduced expiry: false Complications: [] CPU time usage: 0.088 seconds Real time usage: 0.129 seconds Preprocessor visited node count: 213/1000000 Post‐expand include size: 9606/2097152 bytes Template argument size: 91/2097152 bytes Highest expansion depth: 9/100 Expensive parser function count: 1/500 Unstrip recursion depth: 0/20 Unstrip post‐expand size: 4240/5000000 bytes Lua time usage: 0.045/10.000 seconds Lua memory usage: 1258192/52428800 bytes Number of Wikibase entities loaded: 0/400 --> <!-- Transclusion expansion time report (%,ms,calls,template) 100.00% 111.290 1 -total 63.53% 70.707 1 Template:More_citations_needed 58.83% 65.470 1 Template:Ambox 19.61% 21.823 1 Template:Italic_title 14.04% 15.628 1 Template:Reflist 12.95% 14.417 1 Template:Find_sources_mainspace 1.57% 1.742 1 Template:Main_other --> <!-- Saved in parser cache with key enwiki:pcache:idhash:46541653-0!canonical and timestamp 20241114073319 and revision id 1242869065. 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