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

Question

Zackery Sharp

Business

7 April, 15:51

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

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Dearey · Answer 1

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.