Explain how promissory estoppel works in the context of consideration.
Question:
Explain how promissory estoppel works in the context of consideration.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 76% (17 reviews)
Promissory estoppel can sometimes be used to enforce ...View the full answer
Answered By
Sagar Kumar
I am Mechanical Engineer with CGPA of 3.98 out of 4.00 from Pakistan. I went to Government Boys Degree College, Sehwan for high school studies.
I appeared in NUST Entrance Exam for admission in university and ranked #516. My mathematics are excellent and I have participated in many math competitions and also won many of them. Recently, I participated in International Youth Math Challenge and was awarded with Gold Honor. Now, I am also an ambassador at International Youth Math Challenge,
I have been teaching when I was in 9th class class year 2012. I have taught students from 6th class to university level.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
Law for Business
ISBN: 978-1259722325
13th edition
Authors: A. James Barnes, Terry M. Dworkin, Eric L. Richards
Question Posted:
Students also viewed these Business questions
-
Does Rifle have a claim of promissory estoppel?
-
What is required to prove promissory estoppel when consideration is missing?
-
Was Norton entitled to support, based on promissory estoppel? Gail Norton sued Russell Hoyt, and this is what she alleged. The two met when Norton, who was single, worked as an elementary school...
-
Consider X[k] be the N-point DFT of an N-point sequence x[n]. (20 %) x [n] = {1, -2, 1, 3} x [n] = {0, 2, -1,0,0,4} (a) Determine the linear convolution x [n] * x [n] (5%) (b) Determine the...
-
Consider the following statement: "Economic development and capitalism require a certain style of doing business in the twenty-first century. The sooner Asian cultures adapt the better." Do you agree...
-
Perfect Fit operates a chain of 10 retail department stores. Each department store makes its own purchasing decisions. Carl Hart, assistant to the president of Perfect Fit, is interested in better...
-
11-9. What are the three steps in setting a final price?
-
In a recent USA TODAY/Gallup Poll, respondents favored Barack Obama over Mitt Romney in terms of likeability, 60% to 30% (Los Angeles Times, July 28, 2012). The following bar chart summarizes the...
-
What is the present value of $500 received at the end of each of the next three years and $1,000 received at the end of the fourth year, assuming a required rate of return of 15 percent? How is this...
-
Arthur's small business has grown to the point where he plans to hire a full-time manager. Arthur, an architect, has little inclination and ab il ity to manage a medium-sized, fast-growing business...
-
Explain the effect of unforeseeable difficulties.
-
What is a composition and how does it work?
-
Select a three-phase, 13.8-kV cable to power a 24,000-hp propulsion motor that has 96% efficiency and 90% pf lagging. Determine the % voltage drop if the switchboard is 250 ft. away from the motor....
-
Woodland Wearables produces two models of smartwatches, the Basic and the Flash. The watches have the following characteristics:Basic Flash Selling price per watch$ is 270$ 460 Variable cost per...
-
Based on the information provided and recognizing the value of coordinating across its portfolio of businesses, how should LendingTree manage these newer businesses? * as more integrated units * as...
-
Trust Fund Worksheet Background An inter vivos trust was created by Isaac Posney. Isaac owned a large department store in Juggins, Utah. Adjacent to the store, Isaac also owned a tract of land that...
-
A popular theory is that presidential candidates have an advantage if they are taller than their main opponents. Listed are heights (in centimeters) of randomly selected presidents along with the...
-
Gracia Enterprises operates across five industries. Task 1 : After reviewing the information provided, determine which of the five operating segments are reportable based on the revenue test, asset...
-
What questions should marketing managers ask after they identify the firms main competitors?
-
A non-charmed baryon has strangeness S = 2 and electric charge Q = 0. What are the possible values of its isospin I and of its third component I z ? What is it usually called if I = 1/2?
-
Leons Frozen Custard, a locally-owned custard shop in Milwaukee, has an English-only policy that requires employees to speak only English while they are working. This includes when they speak to...
-
What are the two elements that an employee must show to make a successful Title VII claim? Do you think the motivating factor standard is appropriate for discrimination claims based on national...
-
The decision involving hiring was made outside of the United States. Therefore, do you agree with the court's reasoning surrounding the extra-territorial reach of the FLSA? Can you think of a valid...
-
1. (A nice inharitage) Suppose $1 were invested in 1776 at 3.3% interest compounded yearly a) Approximatelly how much would that investment be worth today: $1,000, $10,000, $100,000, or $1,000,000?...
-
Why Should not the government subsidize home buyers who make less than $120K per year. please explain this statement
-
Entries for equity investments: 20%50% ownership On January 6, 20Y8, Bulldog Co. purchased 25% of the outstanding common stock of $159,000. Gator Co. paid total dividends of $20,700 to all...
Study smarter with the SolutionInn App