Promissory Estoppel
It 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.
Promissory estoppel - A promise which estops the promisee from asserting or taking certain action.
Property tax - A tax levied on land and buildings (real estate) and on personal property.
Promissory Estoppel - Equitable 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
n. 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.
Promissory estoppel
Quantum meruit
Subsets: Conflict of law
Commercial law Other areas of the common law Tort law · Property law Wills and trusts Criminal law · Evidence ...
Expanded Legal Definition of PromisorPromissory Estoppel A promise made to another party to a contract that the contract will not be enforced in whole or in part and which, once acted upon, ...
130: establishing the doctrine of promissory estoppel.
Associated Provincial Picture Houses Ltd v Wednesbury Corporation [1948] 1 KB 223: estalishing the concept of Wednesbury unreasonableness for judicial review.
Hedley Byrne v.
Definition
: a promise that is made without consideration and is usu. unenforceable
compare nudum pactum
A gratuitous promise may be enforceable under promissory estoppel.
 See also: Estoppel, Information, Person, Term, State
  
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