Asked by
Nuttakorn Manee
on Nov 27, 2024Verified
An oral contract that would otherwise be unenforceable under the Statute of Frauds will not be enforced under the doctrine of promissory estoppel.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise made to a second party if the second party has reasonably relied on that promise to their detriment.
Unenforceable
A term describing a contract or clause that, due to legal deficiencies, cannot be executed or enforced by law.
- Comprehend the doctrine of promissory estoppel and its potential to override the Statute of Frauds.
Verified Answer
JA
Learning Objectives
- Comprehend the doctrine of promissory estoppel and its potential to override the Statute of Frauds.