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Promissory Estoppel

Under the doctrine of Promissory Estoppel a


promise is binding if (1) in making the
promise the promisor should reasonably
expect to induce substantial action or
forbearance on the part of the promisee (2)
the promise does in fact induce foreseeable
action or forbearance by the promisee; and
(3) injustice can be avoided only by
enforcement of the promise

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