Promissory estoppel is an exception to the consideration req

Promissory estoppel is an exception to the consideration requirement.
True
False

Solution

Answer is True

Promises are generally made without consideration. In some instances or situations, where the promisee suffered a detriment in reliance on the promise, courts have been willing to enforce the promise or at least some part of it based on the concept of promissory estoppel, The key factors in proving promissory estoppel are that a promisee relied on a promise by taking action; it was foreseeable to the promisor that the promisee would do so, and injustice results by not enforcing the promise.

Promissory estoppel is an exception to the consideration requirement. True FalseSolutionAnswer is True Promises are generally made without consideration. In som

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