Question

What are the conditions for promissory estoppel to occur?

1) To avoid an injustice, the promise must be enforced.
2) One party makes a promise and knows the other party will rely on it.
3) A promise is exchanged for a promise.
4) A party reasonably relies on another's promise.

Answer 1

Promissory estoppel is a legal doctrine used in contract law that involves clear and definite promises, reliance, and avoiding injustice.

Step-by-step explanation:

Promissory estoppel is a legal doctrine used in contract law. The conditions for promissory estoppel to occur are as follows:

1. Clear and definite promise: One party makes a clear and definite promise to another party.
2. Reliance: The other party reasonably relies on the promise, often to their detriment.
3. Injustice: Enforcing the promise is necessary to avoid injustice.

For example, if Party A promises to give Party B $1,000 and Party B relies on this promise by quitting their job, it would be unjust to allow Party A to renege on their promise. In such a case, promissory estoppel may be invoked to enforce the promise.