This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: • implied in fact contract- a contract in which the agreement of the parties is inferred from their contract • bilateral contract- a contract in which both parties exchange promises • unilateral contract- a contract in which only one party makes a promise • valid contract- one that meets all the requirements of a binding contract • void contract- no contract at all • voidable contract- a contract capable of being made void Promissory Estoppel • promissory estoppel- a doctrine enforcing some noncontractual promises • a promise made under circumstances that should lead the promise reasonably to expect that the promise would induce the promise to take definite and substantial action, and the promise dues take such action...
View Full Document
This note was uploaded on 04/26/2011 for the course BLW 201 taught by Professor Devience during the Spring '11 term at DePaul.
- Spring '11