What Is the Impact of the Decision in MWB Business

question 12

Multiple Choice

What is the impact of the decision in MWB Business Exchange Centres Ltd v Rock Advertising (2016) on the doctrine of promissory estoppel?

• A) It reinstated the traditional understanding of the requirements of reliance and inequitability by holding that an agreement to accept part-payment of a debt, without more, would not make it inequitable for the promisor to resile from his promise.
• B) It was held that promissory estoppel could create a new cause of action.
• C) It held that no estoppel arises in cases where a statement is made 'without prejudice'.
• D) All of the above.

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Definitions:

Huron Nation

A confederation of four Iroquoian-speaking Native American tribes who lived in the Great Lakes region, known for their role in the fur trade in the 17th century.

English Civil Wars

A series of armed conflicts and political machinations between Parliamentarians ("Roundheads") and Royalists ("Cavaliers") in England in the mid-17th century over governance and religious issues.

Oliver Cromwell

A key figure in English history who led the parliamentary forces in the English Civil War and later served as the Lord Protector of the Commonwealth of England, Scotland, and Ireland.

Religious Intolerance

The unwillingness or refusal to accept or respect beliefs, practices, or persons differing from one's own religion.