Asked by Alyamamah Saleh on May 21, 2024
Verified
Which of the following is an equitable doctrine that protects those who foreseeably and reasonably rely on the promises of others by enforcing such promises when enforcement is necessary to avoid injustice,even though one or more of the elements normally required for an enforceable agreement is absent?
A) Promissory estoppel
B) Quasi-contract
C) Freedom of contract
D) Implied in law contract
Promissory Estoppel
A legal principle that prevents a promisor from retracting a promise which the promisee relied on, leading to a detriment.
Equitable Doctrine
Legal principles developed by courts based on fairness and justice, used to supplement and correct strict legal rules that might lead to unfair results.
- Acquire knowledge on the concept of promissory estoppel and its implementation.
Verified Answer
HG
Hailey GabriellaMay 26, 2024
Final Answer :
A
Explanation :
Promissory estoppel is an equitable doctrine that protects those who foreseeably and reasonably rely on the promises of others by enforcing such promises when enforcement is necessary to avoid injustice,even though one or more of the elements normally required for an enforceable agreement is absent.
Learning Objectives
- Acquire knowledge on the concept of promissory estoppel and its implementation.
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