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Quantum:
Amount.
Quantum Meruit:
Latin for "as much as is deserved." This is a legal principle
under which a person should not be obliged to pay, nor should another
be allowed to receive, more than the value of the goods or services exchanged.
Quasi-Judicial:
Refers to decisions made by administrative tribunals or government officials
to which the rules of natural justice apply.
Quid Pro Quo:
Latin: something for something. The giving of something in exchange for
another thing of equal value.
Quit
Claim:
A deed releasing interest in real property. Sometimes, when a Trustee
has real property vested in him pursuant to the bankruptcy and there is
no equity in that property, he may quit claim it to the mortgage holder,
thereby saving the mortgage holder time and expense. The Trustee
should charge the mortgage holder for executing this deed.
Quorum:
The number of
people who must be present at a meeting before business can be conducted.
For example, under the Bankruptcy and Insolvency
Act there must be one person present, either in person or by proxy,
at a meeting of creditors before the meeting is considered to be a properly
constituted one and hence can carry on with the business of the meeting.
Quo Warranto:
Latin and referring to a special legal procedure taken to stop a person
or organization from doing something for which it may not have the legal
authority.
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Canadian Law Dictionary.
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