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    Promissory Estoppel

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    Assume you are in charge of training your company's sales and contract personnel. How would you explain the concept of promissory estoppel and what examples could you provide to them so they understand the concept and can apply it in their work?

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    Promissory estoppel is where a person makes a gratuitous promise to a person expecting nothing in return. Then the person who is given the promise relies on that promise. And in the end there is a detriment that occurs because of the promise made. In normal contract law, this kind of promise would not be enforceable ...

    Solution Summary

    This solution discusses promissory estoppel.