Promissory Estoppel and Detrimental Reliance

Exception to the rule of consideration: occurs when 3 conditions are met:

1. One party makes a promise knowing that other party will reasonably rely on it 2. The other party doesn't reasonably rely on it 3. Only way to avoid injustice is to enforce the promise

Detrimental reliance

term used to force another to perform their obligations under a contract

Promissory reliance

the legal enforcement of an otherwise unenforceable contract due to one party's detrimental reliance on the contract

Promissory estoppel and contracts under seal are...

the two exceptions to the common law requiring consideration