Asked by
James Nacar
on Nov 29, 2024Verified
A noncontractual promise may be enforceable where there has been justifiable reliance on the promise.
Justifiable Reliance
The reasonable trust placed by one party in the representations of another, particularly in situations leading to contracts or agreements.
Noncontractual Promise
An assurance or pledge not bound by a formal contract and generally not enforceable by law.
- Understand the principles of enforceability for noncontractual promises based on justifiable reliance.
Verified Answer
RD
Learning Objectives
- Understand the principles of enforceability for noncontractual promises based on justifiable reliance.