Examlex
What is the difference between the formations of chalk versus chert?
Unilateral Contract
A contract where one party makes a promise in exchange for an act by another party, which upon performance, binds the first party to its promise.
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.
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