Explain the principle of promissory estoppel?

Problems with Consideration Problems can arise when the consideration in a contract is money and the parties of the agreement are in disagreement over the amount. The resolutions of these problems are dependent upon whether a genuine dispute over the transaction occurred. As a general rule, an agreement without consideration will not be enforceable. However, some states have eliminated this requirement for certain agreements. Concept Review: State and federal laws determine when an agreement is enforceable and how long a party has to enforce an agreement. Although consideration is one of the elements for mutual assent, some state laws have removed the requirement of consideration. Case: Read the case below and answer the questions provided. Report: Tommy Thompson told Sasha Sanders that he would hire her to work as a financial advisor at his company. He gave her a date to begin work and told her to leave her current job. Relying on Thompson's statements, Sanders left her job. Thompson never let Sanders begin work, and as a result, she was out of work for four months. Sanders sued Thompson for the wages she lost during those four months. Thompson argued that because they had never decided on the final terms of the employment, no contract existed between the two of them. Sanders argued that the principle of promissory estoppel should apply here. Explain the principle of promissory estoppel. r instructor for grading