The principle of consideration is firmly established for the formation of a valid contract, it cannot be eroded by the doctrine of promissory estoppel. See HIGH TREES CASE (1947) KB 770.
The principle of consideration is firmly established for the formation of a valid contract, it cannot be eroded by the doctrine of promissory estoppel. See HIGH TREES CASE (1947) KB 770.
Yes, the principle of promissory estoppel is a shield and not a sword that can be used the way we deem fit. They would operate where: i. The party has altered his position ii. The promisor can resile from his promise on giving reasonable notice (which need not be formal) to the promise and thereby afford him an opportunity of resuming his position, and iii. The promise only becomes final an irrevocable if the promise cannot resume his position. See AJAYI v BRISCOE (NIG) LTD (1964) 3 ALL E.R 556 P.C
No, the doctrine of “Promissory estoppel” prevent “X” from going back from what he has said or done especially where it will be unjust and unfair for them to do so. SEE HIGN TREES CASE (1947) KB 130.