Asked by Janvier Daffeed on May 30, 2024

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Which of the following is an element of promissory estoppel?

A) The promisee should reasonably expect to induce reliance
B) Reliance on the promise by the promisor
C) A promise to pay liquidated debts
D) Injustice to the promisee as a result of reliance

Promissory Estoppel

A legal principle that prevents a promisor from denying the promise or going back on it if the promisee has reasonably relied on the promise to their detriment.

Promisee

The individual or entity to whom a promise or commitment is made in an agreement.

Reliance

Acting based on trust in something or someone, or in contract law, actions taken based on a promise or agreement.

  • Acquire knowledge of the doctrine of promissory estoppel along with its exclusions pertaining to the requirement for consideration.
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Vidhi MalaniJun 04, 2024
Final Answer :
D
Explanation :
The elements of promissory estoppel were then essentially the same as they are today: a promise that the promisor should reasonably expect to induce reliance,reliance on the promise by the promisee,and injustice to the promisee as a result of that reliance.