MGT393H5 Lecture Notes - Lecture 5: Non Est Factum, Estoppel, Equitable Remedy
Document Summary
Parties intend to enter into a contract. Silence may mean acceptance yet not always the case (normally silence is not acceptance) 10k$, not a contract as when life was saved, nothing was exchanged , it was done for free i. Landlord says to tenant and says to only pay half as much, so tenant does so. Yet no consideration given by tenant so landlord could go back and ask them to pay. so landlord sues plaintiff for money yet not equitable, requires existing legal relationship promissory can only be. Used by defendant: quantum merit when someone pays for g/s , they are required to pay reasonable amount (does not apply to a family situation, because things are done due to love) i. Implied promise to pay reasonable amount even if amount not previously talked about: e. g. 10 dollars / skin , other party offers 10 dollars / pound wording mistaken by one party.
