Promissory Estoppel Flashcards
1
Q
Not based on consideration
A
Based on reliance
2
Q
It is also based on
A
A promise made not to enforce control
3
Q
Central London property trust ltd v high trees house 1947
A
Flats in London
4
Q
Estoppel applies
A
Existing legal relationship Substance of promise not to enforce existing rights Clear and unequivocal promise Reliance Inequitable to go back Shield and not a swore Suspends rights rather than extinguishes
5
Q
Defines
A
Preventing a person from going back on promise