Promissory estoppel is a term used in contract law that applies where there may not otherwise be an enforceable contract the importance of promissory estoppel in contract law is that it has enabled legal obligations which fall into the category of contract law but fail to show any consideration to be argued for. In truth contractual estoppel is not a form of estoppel at all because it does not require detrimental reliance or unconscionability the representation of fact is enforceable only because it forms part of the contract contractual preclusion or preclusion by agreement is a more accurate description. Promissory estoppel is one of the elements of contract law that must be considered when drafting or entering into a contract or agreement promissory estoppel a promise must normally be in a deed legal agreement or contract or supported by consideration to be enforced. Promissory estoppel is a contract law doctrine it occurs when a party reasonably relies on the promise of another party and because of the reliance is injured or damaged for example suppose a restaurant agrees to pay a bakery to make 50 pies the bakery has only two employees
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