SMG LA 245 Lecture Notes - Lecture 29: Estoppel, Uniform Commercial Code
Document Summary
Explicitly states all important contract terms orally in writing. Arises when parties" words and conduct show they intended some aspect of their relationship to be legally enforceable as if they constituted a contract. Express contract: the two parties explicitly state all the important terms of their agreement. Implied contracts: the words and conduct of the parties indicate that they intended an agreement. Court created remedies for agreements that are not valid contracts courts apply them in stations where justice requires the injured party receive some type of remedy. Did the plaintiff rely on that promise to change her position that insure expenses she would not have incurred without the promise. In promissory estoppel cases, the defendant made a promise that the plaintiff relied on. The defendant made a promise knowing that the plaintiff would likely rely on it; . The plaintiff did rely on the promise; and: the only way to avoid injustice is to enforce the promise.