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Promissory Estoppel

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... the cost through the issuance of a promissory note. The manufacturer of the windows sold the promissory note to a bank. promise. 10. In this case, Bogart's counterclaim based on promissory estoppel was valid. Estoppel is a concept that prevents a In the many jurisdictions of the United States, promissory estoppel is generally an alternative to consideration as a contract known as a promissory note. To confer the advantages of negotiability upon such a note, the promissory note not able to pay the debts, so his counterclaim based on promissory estoppel was valid. ...



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Sources list for PROMISSORY ESTOPPEL:

Katz, Avery. 1996. When Should an Offer Stick? The Economics of Promissory Estoppel in Preliminary Negotiations. Yale Law Journal, Volume 105, Issue 5, pp. 1249-1309.
Mistakes in Contracts

 


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