Which of the Following Statements Is Correct with Respect to Promissory

question 112

Multiple Choice

Which of the following statements is correct with respect to promissory estoppel (equitable estoppel) ?

• A) Where Barbra relies on Raylene's promise and suffers a loss, Barbra can sue Raylene for compensation even though the promise was gratuitous.
• B) Where Hank and Jim have a contract and Hank releases Jim from part of Jim's obligation, Jim can use that release, even though it was given without consideration, as a defence if Hank sues for breach of contract.
• C) Promissory estoppel means that Donna cannot revoke her offer where she has promised to hold it open for a specific period of time.
• D) Where Able requests services from Cain, the doctrine of promissory estoppel requires a reasonable price to be paid even where no specific amount was agreed.
• E) Promissory estoppel refers to the principle that, where a document is in writing and under seal, it is enforceable even where there is no consideration.

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