Class Notes (835,260)
Canada (509,048)
Brock University (12,083)
Accounting (274)
ACTG 2P40 (47)
Books (11)
Lecture

day 4*

3 Pages
118 Views
Unlock Document

Department
Accounting
Course
ACTG 2P40
Professor
Books
Semester
Fall

Description
Last day continued 8 Promissory Estoppel KNOW THIS Requirements 1 must be an existing relationship 2 must show a promise has been made 3 must show reliance and detriment change of position most important 4 Clean hands 5 Shield not a sword cant sue can only defend exception to gratuitous promise rule of equity is always discretionary 9 Reduction of DebtKNOW THIS Avoiding the rule of Foakes creditor loaned money vs Beer debtor owes money 1 Pay ahead of time 2 Someone else pays 3 Pay with item other than money 4 Use a written contract with seal 5 Can apply t
More Less

Related notes for ACTG 2P40

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit