Cengage Advantage Books: Fundamentals of Business Law Today 10th Edition by Roger LeRoy Miller

Exercise 22

Quasi Contract. Kim Panenka asked to borrow $4,750 from her sister, Kris, to make a mortgage payment. Kris deposited a check for that amount into Kim's bank account. Hours later, Kim asked to borrow another $1,100. Kris took a cash advance on her credit card and deposited this amount into Kim's account. When Kim did not repay Kris, the sister filed a suit, arguing that she had "loaned" Kim the money. Can the court impose a contract between the sisters? Explain. [ Panenka v. Panenka, 331 Wis.2d 731, 795 N.W.2d 493 (2011)] (See Quasi Contracts.)