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Estopel is based on the principle that it would be most inequitable and unjust that if one person by manifestation, or by conduct amounting to
"Estopel is based on the principle that it would be most inequitable and unjust that if one person by manifestation, or by conduct amounting to representation, has induced another to act on as he would not otherwise have done, a person who made such representation should be enabled to refute or repudiate or disavow the consequence of his preceding statement, to the expense and injury of the person who acted on it"
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