Indicate Which of the Following Is the Correct Statement About

question 110

Multiple Choice

Indicate which of the following is the correct statement about the effect of promissory estoppel on a promisor.

• A) Promissory estoppel has no effect on a promisor because it only relates to statements of fact, not promises.
• B) When a victim relies on the promise and suffers injury, he can sue the promisor for compensation even where no consideration has been given in return for that promise.
• C) Promissory estoppel must be distinguished from equitable estoppel.
• D) Promissory estoppel can be used as a defence only against a promisor who reneges on his promise.
• E) Promissory estoppel is known as injurious reliance in the United States and has the same effect in both American and Canadian law.

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Definitions:

Macro-Subjective Level

An analytical perspective focusing on the collective beliefs, values, and perceptions of society or large groups, influencing social structures and processes.

George Ritzer

A sociologist known for his work on consumerism, globalization, and the theory of McDonaldization, which describes how principles of the fast food industry have come to dominate sectors of American society and the world.

Micro-Objective Level

Refers to a focus on small-scale, specific objectives within a broader project or analysis.

George Ritzer

An American sociologist known for his work on consumerism, globalization, and the concept of McDonaldization of society.