Thursday, June 20, 2019
Contract Law - Doctrine of Consideration and Promissory Estoppel Essay
Contract Law - Doctrine of Consideration and Promissory Estoppel - Essay Exampleas stipulated by this belief, any party relying to his or her evil on a nonher partys promise may cite that promise enforceable to such extent as her/his reliance.However, any action under the promissory estoppel article of belief is highly likely to be executed under equity in absence of a jury. It may also fail if the plaintiff cannot demonstrate the section that there will be a result of injustice if the oral promise by the promisor is not enforced. A plaintiff of promissory estoppels doctrine has also to overcome a great deal of hostility by the judiciary to such doctrine. Even if the plaintiff is successful under this, it may not be possible to make a recovery of the whole benefit in which he/she was bargaining.1 (Luepke, 2002)In the period from year 1809 to 1991, common law has do a clear provision that any promise by a party to make a performance of any act, which that party has preliminary sanctioned obligation to perform, such is not a good consideration. In the same line, any promise received as part of exchange is unenforceable. Such is the effort even if the promise would impact by creating a new contract altogether or even modifying the existing contracts terms.The court of appeal of England has the power to make changes to the law as it has been settled. In the case of William versus Roffey where the facts were that the promisee made to the promisor an understanding that as the promisee he would extend his performance of his undertaking as per the previous contract. It was held by the court that the accruing practical benefit to this cases promisor from the previous promises repetition would be enough consideration to make such a promise to raise the prior payment an enforceable fact in law. The promise made afterwards outside the process of bargaining was neither offered nor solicited.2 (Twyford, 2002)When the two doctrines interact a disputable situation ar ises.
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