Contracts Outline Professor Bishop Fall 2012 Chapter 2 Enforceability of Promises: Nature of Legal Duty and Obligation 1. Nature of Promise – A Commitment King v. Trustees…
Slide 1Promises Slide 2 Contracts consist of mutual promises Reciprocal inducement (consideration) formalizes the contract When the promise is unilateral there is a promise…
Part V Enforceability in the Absence of a Contract R2 § 90: Promissory Estoppel (1) A promise which the promisor should reasonably expect to induce action or forbearance…
PowerPoint Presentation 1 George Mason School of Law Contracts I I. Promissory Estoppel F.H. Buckley [email protected] 1 Consideration and Promissory Estoppel If you could,…