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This article discusses the concept of promissory estoppel and its relevance in determining enforceability of promises. It explores the elements required for a successful promissory estoppel claim and explains the role of inducement and action or forbearance. Additionally, it examines the limitations of promissory estoppel and its application in avoiding injustice.
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Promissory Estoppel Did the promisor make a promise which the promisor did, or should have, expected to induce action or forbearance by the promisee or a third party? Yes No Did it induce such action or forbearance? No promissory estoppel argument for enforceability Yes No The promise is enforceable to the extent necessary to avoid injustice No promissory estoppel argument for enforceability