Asked by
Pradeep kumar
on Nov 21, 2024Verified
Promissory estoppel is an exception to the rule requiring consideration.
Promissory Estoppel
A legal principle that prevents a party from going back on a promise made when the other party has reasonably relied on that promise to their detriment.
- Understand the implementation and conditions for promissory estoppel under contract law.
Verified Answer
NN
Learning Objectives
- Understand the implementation and conditions for promissory estoppel under contract law.
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