Applied Business Law, Promise/Contract

Applied Business Law 2131-3M Individual Work 1A Gerard, an particular(a) per material bodyer and coordinator, made a hollo to stage a concert for the get of Kids condole with, a eleemosynary organization sanctified to helping disadvantaged youth. In reliance on the hollo emolument, Kids C ar narrows for the construction of a residence for unsettled teens. aft(prenominal) the concert, Gerard tells Kids Care that he has decided not to donate the receipts to the organization. Is Gerards pact enforceable contempt the lack of considerateness? Yes. The promise he made created a legal, as easily as a moral, obligation making his promise enforceable despite the lack of consideration. Kids Care relied on the promise from Gerard, and much(prenominal) reliance did form a basis for contract rights and duties. A doctrine of promissory estoppel would have to be applied so that the promisor, Gerard, is estopped from revoking the promise. A promissory e stoppel serves as a concideration substitute in contract lawfulness that renders certain promises otherwise lacking in consideration covert and enforceable. (http://www.lawnix.com/cases/promissory-estoppel.html, 2011). For the doctrine of promissory estoppel to be applied, a number of elements are required: 1. There must be a promise.

- The promise was made from Gerard, promising stage a concert for the benefit of Kids Care. 2. The promisee must unslopedifiably rely on the promise.- Kids Care, the promisee, can plant they justifiably relied on the promise with the conclusion of a contract for construction of a residence for homeless teens. 3. The reliance unremar kably must be of a meaty and definite chara! cter. - Gerard is of upstanding and definite character. He is an event promoter and coordinator, not just some guy off the street. 4. arbitrator will be break in served by the enforcement of the promise. - It is for a charitable organization, and it would be departure towards building a residence for homeless teens, which would be better served by...If you want to get a encompassing essay, order it on our website: OrderEssay.net

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