Promissory Estoppel - Contract law

Promissory Estoppel - Contract law

Assessment

Interactive Video

Business, Social Studies

University

Hard

Created by

Quizizz Content

FREE Resource

The video explains promissory estoppel, a fairness doctrine in contract law that allows courts to enforce promises even when a contract lacks formal requirements like writing or consideration. It describes how one party's reasonable reliance on another's promise can lead to legal enforcement or compensation. An example involving real estate illustrates the concept, showing how courts may require the promisor to fulfill their promise or reimburse the promisee for their reliance. The doctrine prevents the promisor from denying the promise's enforceability.

Read more

2 questions

Show all answers

1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the concept of fairness relate to promissory estoppel?

Evaluate responses using AI:

OFF

2.

OPEN ENDED QUESTION

3 mins • 1 pt

What actions can a court take when a promissory estoppel claim is made?

Evaluate responses using AI:

OFF