Promissory estoppel legal doctrine can help AtlasNow from being meted out injustice due to lack of consideration
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Promissory estoppel is a concept in contract law that hinders a person from running backward on a promise yet if a legal contract seems not to endure. It declares that an aggrieved party can redeem losses from a promisor if the losses acquired were the consequence of a promise tendered by the promisor, which he relied on to his succeeding loss.
Promissory estoppel is assigned to hold the promisor from claiming that an underlying promise should not be lawfully propped or forced. It assists injured parties to overcome on promises performed that have commenced to economic loss when not met.
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