Examlex
While the U.S. has this type of economy, Covid-19 policies such as the free vaccine and stimulus payments characterize this type of economy.
Promissory Estoppel
A legal principle preventing a party from withdrawing a promise made to another party if the latter has relied on that promise to their detriment.
Promisee
The person to whom a promise is made in a contractual agreement, and who stands to benefit from its fulfillment.
Promise
A promise or guarantee that an individual will take a specific action or ensure a certain event occurs.
Legally Sufficient
Describes evidence or information that meets the established legal standards to support a claim or decision in court.
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