Asked by Chloe Summerville on Jun 30, 2024

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As property manager of a 15-unit apartment block, you receive rent payments on the first of every month from each tenant. Mrs. Lone, in apartment 105, whose rent is $500 per month, lost her job and was in dire financial difficulties. You agreed to take only $400 per month. For the last ten months, she has paid only $400 a month, but you have learned that for 4 months she has had a new and even better-paying job. You are angry that she failed to tell you this and you want to sue her for the entire amount of back rent ($1000) . Which of the following arguments could she use most effectively against you?

A) Promissory estoppel
B) Mistake
C) Undue influence
D) Breach of contract
E) Duress

Promissory Estoppel

Promissory Estoppel is a legal principle that prevents a person from going back on a promise, even if it wasn't formally made as a contract, provided others have relied on the promise to their detriment.

Property Manager

An individual or company responsible for the maintenance and operation of real estate properties, acting on behalf of the property owner.

Financial Difficulties

refer to situations where an individual or entity struggles to meet financial obligations due to insufficient funds.

  • Apply the doctrine of promissory estoppel in contractual disputes.
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JR
Jillian RichardsJul 06, 2024
Final Answer :
A
Explanation :
Promissory estoppel is the most effective argument Mrs. Lone could use against the property manager. This legal principle prevents the promisor from going back on a promise when the promisee has reasonably relied on that promise to their detriment. In this case, Mrs. Lone could argue that she relied on the property manager's promise to accept $400 instead of $500 for her rent, and she has acted based on that promise by paying the reduced amount for ten months.