Asked by Jibreel Ahmad on May 22, 2024

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As discussed in the case in the text,McLellan v.Charly,promissory estoppel:

A) applies only when the promisee relied on the promise,even if the reliance was not reasonably expected.
B) is used as a consideration substitute.
C) is used when there was consideration that was later destroyed.
D) applies whether or not the promisee relied on the promise.

Promissory Estoppel

A legal principle that enforces a promise when someone else has reasonably relied on that promise to their detriment, even if a formal contract does not exist.

Consideration Substitute

Refers to a principle or factor that can stand in the place of consideration in certain contractual situations, allowing a contract to be enforceable without the traditional exchange of value.

Reliance

The act of depending on or trusting in something or someone, often used in legal contexts to denote reliance on a contract or promise.

  • Explore the concept of promissory estoppel as an exception to the consideration requirement.
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Verified Answer

MO
Mikayla OkawaMay 23, 2024
Final Answer :
B
Explanation :
Promissory estoppel requires (1)a promise that the promisor should reasonably expect to induce reliance, (2)reliance on the promise by the promisee,and (3)injustice to the promisee as a result of that reliance.Promissory estoppel is now widely used as a consideration substitute,not only in donative promise cases but also in cases involving commercial promises contemplating a bargained-for exchange.