3 ms·
It’s known as promissory estoppel. The main reason promises are often not binding is that you can’t prove the other party said it. If you can prove the other pa
by jprete 3y ago
It’s known as promissory estoppel. The main reason promises are often not binding is that you can’t prove the other party said it. If you can prove the other party said it, and you “reasonably” relied on their statements, and suffered damages because their statements were false, you can recover those damages from them.
(IANAL)