Examlex
"I live 20 minutes from Center City." How is this statement similar to giving astronomical distances in light-years
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise made when the other party has reasonably relied on that promise to their detriment.
Statute of Frauds
A legal principle requiring certain types of contracts to be in writing and signed to be enforceable.
Oral Contract
A verbal agreement between parties that is legally binding, though more difficult to enforce than written contracts due to the lack of physical evidence.
Voidable
A transaction or agreement that is legally valid but may be annulled or voided at the discretion of one of the parties involved.
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