Ask Question
4 May, 04:29

For the doctrine of promissory estoppel to apply, which of the following is NOT a required element? A. the promisor should have reasonably expected to induce the promisee to rely on the promise B. the promisor made a promise C. there was an offer, acceptance, and consideration D. the promisee actually relied on the promise and engaged in an action or forbearance of a right of a definite and substantial nature E. injustice would be caused if the promise were not enforced

+5
Answers (1)
  1. 4 May, 06:41
    0
    C) there was an offer, acceptance, and consideration

    Explanation:

    The doctrine of promissory estoppel requires that the following 5 elements must exist:

    The parties must anticipate that some type of legal relationship will exist between them. One party must have made a promise to another party. One party must rely on the promise made by the other party. The party that relied on the promise made by the other party must suffer a detriment if the promise is not fulfilled. Unconscionability, in other words, there is nothing that forbids the party from performing the promise.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “For the doctrine of promissory estoppel to apply, which of the following is NOT a required element? A. the promisor should have reasonably ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers