Asked by
thierry beauvais
on Nov 29, 2024Verified
Dana gives care to Marnie's dog when Dana finds Marnie's dog ill on the side of the road. After Marnie locates her dog, Marnie promises to reimburse Dana for the cost of treating the dog. Marnie's promise is binding, because there is a bargained-for-exchange.
Bargained-For-Exchange
A fundamental concept in contract law that requires each party to provide something of value to the other for a contract to be valid.
- Comprehend the function and utilization of promissory estoppel within the realm of contract law.
Verified Answer
NJ
Learning Objectives
- Comprehend the function and utilization of promissory estoppel within the realm of contract law.
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