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LOP Class 2
What Promises are Legally Binding?
15
Law
Graduate
08/21/2016

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Term
True or false: A promise, in and of itself, is legally binding?
Definition
False.
Term
What are the two principal ways promises become legally binding?
Definition
Promise is part of a contract and the doctrine of promissory estoppel.
Term
What is the principal feature of a contract?
Definition
A bargain.
Term
What is the principal feature of the doctrine of promissory estoppel?
Definition
Detrimental reliance on the promise by the promisee.
Term
What are the elements of a claim for breach of contract?
Definition
(1) The formation of a contract; (2) the occurrence of any conditions to the defendant's duty to perform or that the non-occurrence is excused; and (3) a repudiation or breach.
Term
What are the elements of a claim for promissory estoppel?
Definition
(1) A promise; (2) the promisor should reasonably have expected the promisee to detrimentally rely on the promise; (3) the promisee in fact detrimentally relied on the promise; (4) a repudiation or breach of the promise; and (5) injustice can be avoided only be enforcing the promise.
Term
What is the principal characteristic of a quasi-contract?
Definition
Avoidance of unjust enrichment.
Term
What are the elements of a quasi-contract claim?
Definition
(1) The defendant has been enriched (2) by the plaintiff and (3) it would be unjust for the defendant to not pay the plaintiff for the benefit received.
Term
When is it unjust to not pay for a service that has been provided?
Definition
(1) The actions of the person providing the benefit were not officious and (2) a reasonable person in the position of the recipient would believe the benefit was provided with an expectation of compensation.
Term
What is the majority rule with respect to a promise under seal?
Definition
The seal does not make it legally binding.
Term
What is the minority rule with respect to the legal enforceability of a promise under seal?
Definition
A written promise under seal that is delivered to the promisee is legally binding.
Term
What is the UCC rule with respect to a promise under seal?
Definition
The seal does not make the promise legally binding.
Term
What factors are important in deciding whether, under the doctrine of promissory estoppel, injustice can be avoided only be enforcing the promise?
Definition
(1) The reasonableness of the promisee's reliance; (2) whether the reliance was of a definite and substantial character; and (3) the formality with which the promise is made.
Term
Does a quasi-contract include an actual promise?
Definition
No, a fictional promise.
Term
What phrase do courts often use to refer to an implied-in-fact contract or a quasi-contract when the plaintiff provided services to the defendant and is seeking to recover the reasonable value of those services?
Definition
Quantum meruit
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