Asked by Natalia Portugal on May 27, 2024
Verified
What must you prove in a successful promissory estoppel case?
A) Reasonable reliance on a promise to your detriment.
B) The exchange of adequate consideration.
C) The existence of consideration.
D) Intent of both parties to enter into a legally binding agreement.
E) The mutual exchange of promises.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise made to another if the latter has reasonably relied on that promise to their detriment.
Reasonable Reliance
A principle where a party acts based on the representation or promise of another, believing it to be true.
- Identify and explain the legal doctrine of promissory estoppel and its application.
Verified Answer
LL
Levina LairensiaMay 29, 2024
Final Answer :
A
Explanation :
Promissory estoppel requires the plaintiff to prove that they reasonably relied on the defendant's promise to their detriment. It does not require the exchange of consideration, which distinguishes it from traditional contract claims.
Learning Objectives
- Identify and explain the legal doctrine of promissory estoppel and its application.
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