In what ways are the use of seals and the doctrine of promissory estoppel similar?
A) Both are ways to create contracts.
B) Both may render a gratuitous promise enforceable.
C) Both may be arbitrarily revoked.
D) Both are exceptions to the rule that offers lapse after a reasonable period of time.

Question

Quizplus · Accepted Answer

Both seals and the doctrine of promissory estoppel can make a gratuitous promise enforceable, as a seal traditionally signifies a formal commitment, and promissory estoppel prevents a promisor from reneging on a promise when the promisee has relied on it to their detriment.

In What Ways Are the Use of Seals and the Doctrine