A Fundamental Difference Between Promissory Estoppel and Traditional Contract Principles

question 11

Multiple Choice

A fundamental difference between promissory estoppel and traditional contract principles is that promissory estoppel protects:

• A)reliance.
• B)bargains.
• C)agreements.
• D)consideration.

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Definitions:

Grant Proposals

Written requests or applications for funding, typically submitted to organizations or governmental bodies that offer financial support.

Investment Proposals

Detailed plans or suggestions put forward for consideration or discussion, especially one aimed at achieving returns on invested capital.

Solicited Proposals

These are proposals requested by an organization or individual, usually in response to a specific need or requirement they have published.

Sales Proposals

Detailed written offers aimed at persuading a prospective client or customer to purchase a product or service.