A Fundamental Difference Between a Promissory Estoppel and Traditional Contract

question 10

Multiple Choice

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

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

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Definitions:

Domesticity

The state of life devoted to home affairs, family nurturance, and the running of a household.

Physical Attractiveness

The degree to which a person's physical traits are considered aesthetically pleasing or beautiful.

Earning Potential

The maximum amount of money an individual can earn over their lifetime, often influenced by education, skills, and career path.

Social Setting

The physical and social environment in which people live or in which something happens or develops.