Quiz on Consideration and the Doctrine of Promissory Estoppel

1. Generally, promissory estoppel merely suspends the promisor's rights and the promisee's obligations.

2. In the case of …………………………………………….., it was stated that “where parties enter into an arrangement which is intended to create legal relations between them and in pursuance of such arrangement one party makes a promise to the other which he knows will be acted on and which is in fact acted on by the promise, the court will treat the promise as binding on the promisor to the extent that it will not allow him to act inconsistently with it even although the promise may not be supported by consideration in the strict sense”

3. Generally, the doctrine of promissory estoppel is used as a sword and not a shield.

4. Generally, the doctrine of promissory estoppel operates where there is an existing legal relationship between the parties.

5. Promissory estoppel will only apply if it would be inequitable for the promisor to go back on his promise.

6. In …………………………………………, it was held that promissory estoppel would not apply because there was no clear and unequivocal promise.

7. The following conditions must exist for the doctrine of promissory estoppel to apply, except

8. Which of the following best describes the doctrine of promissory estoppel?

Restart
Get Results