Promissory Estoppel Substitutes For Consideration
Description
How to fill out Utah Complaint - Breach Of Credit Card Contract, Quantum Meruit, And Promissory Estoppels?
What is the most reliable service to obtain the Promissory Estoppel Alternatives For Consideration and other recent editions of legal documents? US Legal Forms is the answer!
It's the largest compilation of legal paperwork for any scenario. Every template is professionally drafted and verified for adherence to federal and local laws. They are organized by region and state of application, making it simple to locate what you require.
US Legal Forms is an excellent alternative for anyone requiring legal documentation. Premium users can additionally benefit from the ability to complete and authorize previously saved documents electronically at any time using the integrated PDF editing feature. Explore it today!
- Experienced users of the site just need to Log In to the platform, verify if their subscription is active, and click the Download button next to the Promissory Estoppel Alternatives For Consideration to obtain it.
- Once saved, the template is accessible for future use in the My documents section of your account.
- If you do not have an account with our library yet, follow these steps to create one.
- Form compliance verification. Prior to obtaining any template, ensure it aligns with your use case requirements and your state or county's regulations. Review the form description and utilize the Preview if it is available.
Form popularity
FAQ
Promissory estoppel is the legal principle that a promise is enforceable by law, even if made without formal consideration when a promisor has made a promise to a promisee who then relies on that promise to his subsequent detriment.
The promissory estoppel acts as a legal shield against the other's claim, even though they did not give any consideration. The doctrine of promissory estoppel is the exception to the contract consideration rule. It implies that a contracted promise is enforceable by law even without any consideration present.
Substitutes for ConsiderationMust have a promise.Must have detrimental reliance upon the promise. a. Does not require one to give up something to which he is legally entitles.Injustice can only be avoided by the enforcement of the promise.
The promissory estoppel doctrine is an exception to the requirement of consideration for contracts. Promissory estoppel is triggered when one party acts on the other party's promise.
The doctrine prevents the promisor or enterprise from going back on their word or promise. For example, a vendor makes an oral promise to the customer to replace the goods if they do not fit the customer size requirements. The customer purchases the clothes and takes them home.