Examlex
Which of the following statements is true?
Specific
Clearly defined or identified; particular and distinct.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise made to a second party if the latter has reasonably relied on that promise.
Equitable Estoppel
A legal principle that prevents a party from denying or asserting anything to the contrary of a previous commitment or action if it would be unjust or harm the other party who relied on the initial stance.
Injurious Reliance
Refers to a situation where a party suffers harm or loss as a result of relying on false or misleading statements or promises made by another party.
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