Examlex
Of the three philosophies competing for attention in medieval China,
Verbal Agreement
An agreement made through spoken words between parties that can be legally binding, but is harder to prove than a written contract.
Enforceable
Capable of being imposed or carried out by legal process or authority.
Single Promise
A commitment or agreement involving one clear and unambiguous obligation or stipulation.
Promissory Estoppel
Promissory Estoppel is a legal principle that prevents a person from going back on a promise, even if it wasn't formally made as a contract, provided others have relied on the promise to their detriment.
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