Homework Help: Business Law

Posted by Courtney on Tuesday, March 29, 2011 at 11:44am.

I'm having trouble figuring out this question. I can't think of a legal theory that would apply in this case. If anyone could help me out, that would be great!

Fidelity Mortgage sells a mortgage on Doug Quicksilver's home to Enterprise Bank. Enterprise erroneously pays the real estate takes on the home. When Enterprise demands reimbursement, Quicksilver refuses, arguing that no contract exists that obligates him to reimburse the bank. What legal theory might Enterprise use to get it's money from Quicksilver?

Like i said...i can't think of a legal theory that would allow them to get their money back and i've reread the relevant chapters in my book. I'm just not understanding this. Any help would be much appreciated.

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