Asked by Krystina Edwards on May 09, 2024
Verified
________ 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) Reformation
B) Specific performance
C) Part performance
D) Promissory estoppel
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise made to a second party if the latter has reasonably relied on that promise to their detriment.
Equitable Doctrine
Legal principles applied by courts to ensure fairness and justice, often used in cases where traditional laws might not provide a remedy.
Enforceable Agreement
An agreement that is legally binding and can be upheld in a court of law.
- Understand the role of equitable doctrines like promissory estoppel in enforcing promises.
Verified Answer
Learning Objectives
- Understand the role of equitable doctrines like promissory estoppel in enforcing promises.
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