What Damages Are Recoverable in a Case of Promissory Estoppel

question 3

Multiple Choice

What damages are recoverable in a case of promissory estoppel?

• A) profits that the promisor expected
• B) profits that the promisee expected
• C) an amount necessary to restore the promisee to the position he or she would have been in had the promisee not relied on the promise
• D) an amount necessary to restore the promisor to the position he or she would have been in had the promisor not relied on the promise

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Definitions:

Theater Test

An experimental marketing technique where new products, ads, or services are presented to an audience in a controlled environment to gauge reactions.

Test Commercials

Advertisements that are tested in limited markets or demographics to evaluate their effectiveness before wider release.

Starch Test

A method used in various industries to detect the presence of starch by turning an iodine solution blue-black upon contact. In another context, it assesses the effectiveness of print advertisements based on recall and recognition.

Unaided Recall Test

A market research technique that measures how well consumers can remember a brand or product without any prompts or cues.