A doctrine to avoid injustice that is used by the courts to bind a promisor to promises that a reasonable person would rely upon without consideration, is called:
A) settlement agreement
B) accord and satisfaction
C) unliquidated debt
D) performance contract
E) promissory estoppel

Question

Quizplus · Accepted Answer

Promissory estoppel is a doctrine that is used by the courts to bind a promisor to promises that a reasonable person would rely upon without consideration. It is a legal principle that prevents a person from denying a promise or statement made that another person relied on and acted upon. This principle is used to avoid injustice in situations where there is no enforceable contract due to lack of consideration or other factors.

A Doctrine to Avoid Injustice That Is Used by the Courts