According to the Restatement (Second) of Contracts, Promissory Estoppel Requires

question 36

Multiple Choice

According to the Restatement (Second) of Contracts, promissory estoppel requires:

• A) one party to perform an act in exchange for the other party's promise.
• B) that one or both parties may cancel the subject contract.
• C) that at least one party give money or any other tangible, physical property as consideration.
• D) a promise that the promisor should foresee is likely to induce reliance.

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