Difference between revisions of "Promissory estoppel"
Jump to navigation
Jump to search
(New page: Promissory estoppel is an equitable doctrine to require payment in the absence of a contract, if: : defendant promised something to the plaintiff, upon which plaintiff could reasonably re...) |
(No difference)
|
Revision as of 05:39, April 10, 2007
Promissory estoppel is an equitable doctrine to require payment in the absence of a contract, if:
- defendant promised something to the plaintiff, upon which plaintiff could reasonably rely;
- plaintiff did in fact rely on the promise; and
- plaintiff was harmed as a result, i.e., plaintiff relied to his detriment.
This was codified at Section 90 of the Restatement of Contracts. Traditional defenders of contract law opposed this approach because it gives a court discretion to award relief even if there is no contract.
This approach exemplifies a movement against the strict view of contract. Professor Grant Gilmore applauded judicial erosion of contract principles in his famous work, The Death of Contract.