Contracts
In Hawaii, what is 'quantum meruit' as a legal remedy in real estate agency cases?
AA. The full commission agreed to in the listing agreement
BB. Reasonable compensation for services actually rendered, even without a formal contract or when the contract fails✓ Correct
CC. Punitive damages for breach of fiduciary duty
DD. The amount of commission held in escrow
Explanation
Quantum meruit ('as much as deserved') allows recovery of reasonable compensation for services actually provided even without a formal contract, preventing unjust enrichment.
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