The Doctrine of _____ Holds That If One or More

question 58

Multiple Choice

The doctrine of _____ holds that if one or more parties made a promise, even orally, he or she cannot renege on that promise if the other party acted on reliance on the promise.

• A)caveat emptor
• B)promissory estoppel
• C)anticipatory breach
• D)consideration
• E)None of these answers.

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Definitions:

Increased Revenue

The growth in the total amount of money earned or received by an organization, typically as a result of enhanced sales or services.

Improved Programs

Initiatives or projects that have been enhanced in terms of efficiency, effectiveness, reach, or quality, often through feedback, innovation, or additional resources.

Goals

Specific, measurable objectives that an individual or organization plans to achieve within a set timeframe.

Vision Statement

A future-oriented declaration of an organization's goals and aspirations, intended to guide its internal decision-making.