Asked by Alexandre Al Mokhtari on May 02, 2024

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________ is the legal enforcement of an otherwise unenforceable contract due to a party's detrimental reliance on the contract.

A) Forbearance
B) Promissory estoppel
C) Res ipsa loquitur
D) Res judicata
E) Mutual exclusivity

Promissory Estoppel

A legal principle that prohibits a party from withdrawing a promise made to another party if the latter has relied on that promise to their detriment.

Detrimental Reliance

Occurs when a party takes action based on the promise of another, suffering harm as a result when the promising party fails to fulfill their commitment.

  • Comprehend the legal principle of promissory estoppel and its utilization.
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ZK
Zybrea KnightMay 07, 2024
Final Answer :
B
Explanation :
The legal enforcement of an otherwise unenforceable contract due to a party's detrimental reliance on the contract is promissory estoppel.