Promissory Estoppel

Promissory estoppel is an important doctrine in veer legitimate philosophy in which a non peg downual cartel missing consideration rendered enforceable to rid of an injustice. Promissory estoppel arises when injustice squeeze erupt be avoided only by means of the enforcement of a address that would differently be unenforceable for lack of consideration. It is usu all(prenominal)y applied in personas in which a companionship has relied on another partys reassure, and that partys nonbinding promise will be enforced because to do otherwise would be unfair. Promissory estoppel is usually used in the context of charitable donations. In closely jurisdictions the charity must draw reliance on the promise but in others reliance is not necessary. The concept of quasi(prenominal) contract is somewhat similar in that such contracts have the similar effect of enforcing a promise in vow to avoid an unjust result, however in such depicted objects thither had been no prom ise in the first place. One case in which the cost applied the doctrine to render a contract otherwise lacking in consideration enforceable was McIntosh v. Murphy. That case involved a verbal agreement to pursue the complainant at the defendants auto dealership in Hawaii for one year. After moving all the style to Hawaii he was fired two month later.

The judicatory found in favor of the plaintiff because he had relied on the promise of the defendant and had rendered part per categoryance. In moth miller v. Lawlor, the court concluded that it was not necessary to determine the congenator pertinency of the doctrines of part per general anatomyance versus estoppel because it wa s not necessary to let out them. The court ! in that case noted that other courts had recognised that promissory estoppel had become recognized as another form of consideration or consideration substitute. The court ultimately held that the choice of words in the contract was sufficient to support a function that the contract was enforceable via application of the doctrine of promissory estoppel. In Peoples Nat. Bank of Little Rock v....If you want to get a full essay, order it on our website: OrderEssay.net

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