action for money had and received

Action in assumpsit based upon promise to repay implied by law, and in respect of limitation is a stated or liquidated Action brought where one person has received money or its equivalent under such circumstances that in equity and good conscience he ought not to retain it and in justice it belongs to another. Interstate Life & Accident Co. v. Cook, 19 Tenn.App. 290, 86 S.W.2d 887, 891

Black's law dictionary. . 1990.

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