Promissory Estoppel definitions

Search

promissory estoppel

promissory estoppel logo #21214n. a false statement treated as a promise by a court when the listener had relied on what was told to him/her to his/her disadvantage. In order to see that justice is done a judge will preclude the maker of the statement from denying it. Thus, the legal inability of the person who made the false statement to deny it makes it an enforceable promise ...
Found on http://dictionary.law.com/Default.xhtml?selected=1638

Promissory Estoppel

Promissory Estoppel logo #22319Equitable doctrine allowing the court to enforce a promise even though a valid contract was not formed when a person reasonably acted in reliance on that promise. Promissory Estoppel allows the court to compensate the person for their expenditures and/or to avoid the unjust enrichment of the other party.
Found on http://jec.unm.edu/manuals-resources/glossary-of-legal-terms

Promissory Estoppel

Promissory Estoppel logo #21213It refers to the promise wrongly or falsely made by a person to another person, depending on which, the other person relied on the promise and suffered an economic loss.The sufferer can enforce such false promise in court and judge would believe the statement made by the promisor as promise and order for the payment for the value of work of the suf...
Found on http://www.encyclo.co.uk/local/21213

Promissory Estoppel

Promissory Estoppel logo #22642A legal principle that prevents a person who made a promise from reneging when someone else has reasonably relied on the promise and will suffer a loss if the promise is broken. (See also: estoppel)
Found on http://www.nolo.com/dictionary/promissory-estoppel-term.html
No exact match found.