Examlex
The terms used in both industry and agriculture to describe the economic advantages of concentrating capital,units of production,and output is ____________________.
Promissory Estoppel
A law that stops someone from going back on a commitment they've made to another if the second party has trusted this promise to their own disadvantage.
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.
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