Promissory estoppel is used to enforce certain promises without consideration when there is what?

Promissory estoppel is used to enforce certain promises without consideration when there is what?

• A. A signed writing
• B. Foreseeable reliance that the promise will be kept
• C. A past consideration
• D. A breach of contract in equity

Answer: (B)

Promissory estoppel hinges on a promise lacking consideration being enforceable when there is foreseeably relied upon by the promisee. The key idea is that if someone reasonably expects a promise to be kept and acts on that expectation to their detriment, enforcing the promise prevents injustice even without consideration. A signed writing, past consideration, or a breach-of-contract-in-equity concept aren’t the conditions for this doctrine. A signed writing relates to formalities, past consideration is invalid, and promissory estoppel isn’t about remedies for breach in equity but about preventing unfair results from reliance on a promise.

Promissory estoppel hinges on a promise lacking consideration being enforceable when there is foreseeably relied upon by the promisee. The key idea is that if someone reasonably expects a promise to be kept and acts on that expectation to their detriment, enforcing the promise prevents injustice even without consideration. A signed writing, past consideration, or a breach-of-contract-in-equity concept aren’t the conditions for this doctrine. A signed writing relates to formalities, past consideration is invalid, and promissory estoppel isn’t about remedies for breach in equity but about preventing unfair results from reliance on a promise.