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Friday, November 29, 2013

Doctrine of Promissory Estoppel.

To begin with, the strip as regards Richard and Ernie is related to the precept of promissory Estoppel, which is derived from Equity. According to this doctrine, if one party to the contract (promisor) makes a headphone which the other party to the contract (promisee) acts upon, the promisor is estopped from going move up on his promise, even though the promise did non suffer both consideration. Theoretically, by this concept, Ernie should be estopped from asking Richard for the stay vestibular sense of ?140. The main reason is that Ernie promised to accept a smaller join of ?160 from Richard in sufficient settlement, intending Richard to entrust on that promise, so he cannot go back to the pilot program promise of ?ccc as a full payment. Hereafter, a number of cases concerning this Doctrine shall be discussed as a cite in realize of the case of Richard and Ernie. One of the most principal(prenominal) cases relevant to the case of Richard and Ernie is rally London Property commit Ltd v High Trees endure Ltd [1947] KB 130, from which the Doctrine of promissory Estoppel originated. The Court held that part of bills as requested by the complainant, could be witnessed. According to shaper Denning, if the plaintiff asked to claim the whole touchwood centre of specie, he would come apart to recover the money even though the defendant did not provide any consideration. It is because the plaintiffs contractual right for the whole sum of rent in 1940-5 was destroyed by agreeing to accept the minify rent in the wartime. By the Doctrine of Promissory Estoppel, the plaintiff was estopped from getting the full rent in wartime, so he could totally recover the rent after wartime.
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Referring to this case, it shows that in the case of Ernie and Richard, Ernie has no contractual... A enceinte self explanatory essay pen for the mass.. I hope to see more Doctrine Essays.. polished land.. The only comments you ever bother to write are great work splendid hope to see more. keep up you no advice more substantial to offer? Thanks still I wrote this for my first year of law so I precariousness there will be anymore doctrine of estoppel essays If you sine qua non to get a full essay, order it on our website: OrderCustomPaper.com

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