Examlex
Which of the following is not accurate about the second half of the seventeenth century?
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise that another party has reasonably and substantially relied on, even if no formal contract exists.
Past Consideration
A promise to give another something of value in return for goods or services rendered and delivered in the past.
Bargained-For-Agreement
An arrangement reached after negotiation between parties, where each side gives something in exchange for what it receives.
Forbearance
An agreement between a lender and a borrower to temporarily suspend debt payments.
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