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Common Law, Promissory Estoppels, And Pinnel Rule

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In common law, promissory estoppels , consideration and Pinnel rule which are both essential as they will ensure unjust outcomes do not occur. The word promissory means a to imply a promise, and estoppel means to stop or come to a halt. In 1974 Justice Denning developed an obiter dictum statement which included promissory estoppel, ultimately meaning that a promise is enforceable by law. For Promissory estoppel to occur, it requires that the promisor to give a clear and understandable statement which requires that the promise has acted on the promise. For Promissory estoppel to occur, it requires that the promisor to give a clear and understandable statement which requires that the promise has acted on the promise. When a person makes a promise, He or She is than called the promisor , to a person called the promisee who relies on it to his or her detriment. The word promissory means to imply a promise, and estoppel means to stop or halt, and there are different types of promissory estoppel. There is estoppel by judgement, which helps to avoid unnecessary repetition and duplication of legal issues, Estoppel of laches , reliance-based estoppel which involves one party relying on something another party said and estoppel by deed. The first case which was to use promissory estoppel was, Central London Property Trust Ltd V High Trees House Pty Ltd and now is majorly used as a valid concept in courts today. Mainly because it guarantees a fair solution that is not based on lies
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