Examlex
Ambiguities in contracts are always interpreted in favor of the side that wrote the contract,since they are the ones who know what the provision is supposed to mean.
Promissory Estoppel
A judicial doctrine that forbids a party from revoking an assurance given to another party if the recipient has legitimately acted on that promise to their detriment.
Quasi Contract
A legal concept where a court imposes a contractual obligation on a party who has not expressly consented to it, to prevent unjust enrichment.
Illusory Promise
An agreement that lacks a firm commitment or terms, making it unenforceable by law.
Accord and Satisfaction
A legal settlement where a debtor offers payment or performance different from what was originally agreed, and the creditor accepts it as full settlement of the debt.
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