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Your authors use the term "the paradox of choice" when describing the fact that:
Statute Of Frauds
A legal doctrine requiring certain contracts to be in writing and signed by the parties involved, to be enforceable.
Admission
The act of conceding to a point in an argument or acknowledging the truth of a claim, or the allowance into a place, organization, or institution.
Parol Evidence Rule
A legal principle that prevents parties from presenting extrinsic evidence to modify, vary, or contradict the terms of a written contract.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise made to another party, if the latter has relied on that promise to their detriment.
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