Indicate which one of the following is the correct statement about the effect of promissory estoppel on a promisor.
A)Promissory estoppel can be used only "as a sword and not as a shield."
B)When a victim relies on the promise and suffers injury,he or she can sue the promisor for compensation even where no consideration has been given in return for that promise.
C)Promissory estoppel has no effect on a promisor because it relates only to statements of fact,not to promises.
D)If you agree to pay a contractor an extra $10 000 to complete a contract as originally agreed and you actually pay him,you can later sue successfully for the return of the additional $10 000.
E)Promissory estoppel can be used as a defence only against a promisor who reneges on his or her promise.

Question

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The Answer of Indicate which one of the following is the correct statement about the effect of promissory estoppel on a promisor.
A)Promissory estoppel can be used only "as a sword and not as a shield."
B)When a victim relies on the promise and suffers injury,he or she can sue the promisor for compensation even where no consideration has been given in return for that promise.
C)Promissory estoppel has no effect on a promisor because it relates only to statements of fact,not to promises.
D)If you agree to pay a contractor an extra $10 000 to complete a contract as originally agreed and you actually pay him,you can later sue successfully for the return of the additional $10 000.
E)Promissory estoppel can be used as a defence only against a promisor who reneges on his or her promise.

Indicate Which One of the Following Is the Correct Statement