Miranda Orally Promises Nicky That She Will Buy His Fishing

question 69

Multiple Choice

Miranda orally promises Nicky that she will buy his fishing trawler for $20,000.If Nicky acts in reliance on this promise,under the doctrine of promissory estoppel,the transaction is enforceable by

• A)either party.
• B)Miranda only.
• C)neither party.
• D)Nicky only.

---

Definitions:

Electronic Images

Visual representations created, stored, and viewed using electronic technology, including photos, graphics, and videos.

Digital Marketspace

An online platform or marketplace where goods and services are bought and sold, leveraging digital technologies.

Traditional Marketplace

A physical market location where goods and services are exchanged between buyers and sellers in a conventional manner.

Virtual Mall

An online marketplace that mimics a traditional shopping mall, allowing users to browse and shop from multiple retailers in a single digital space.