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What are the advantages of setting up an innovation hub?
Quasi Estoppel
A legal doctrine preventing a party from asserting rights or facts that contradict their past actions or statements.
Bilateral Contract
A type of contract involving mutual obligations whereby each party promises to perform an act in exchange for the other party's act.
Promissory Estoppel
A legal principle that prevents a party from withdrawing a promise made to a second party if the latter has reasonably relied on that promise to their detriment.
Adequacy of Consideration
Assessing whether something of legal value has been exchanged in a contract to justify the parties’ obligations.
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