LAWS 1000 Lecture Notes - Lecture 4: Estoppel, Contra Proferentem, Dont
14 Jul 2020
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Equitable estoppel -addresses problem of a gratuitous promise is not useful and is useless to contract. For all hypotheticals: explain what type of problem it is. Normally just basing your argument on gp wouldn"t work, but they would argue and say ee applies. Lent him , and made a contract on how to pay back. The contract is on the first day of every month has to pay and the interest. If after the 12 payments, debt is paid off. If he defaults in anyway, can make him pay all the debt at once. Always making excuses on paying then on month 7, demands that the entire debt has to be paid at once. John burrows makes an argument under ee that he led him to believe his terms aren"t strict . Court called it indulgence for which he was being laid back and not complaining for the first few months. In order for ee to be valid, #2.
