Chapter 8

Promissory Estoppel

Module III: Consideration & Alternatives

This chapter introduces promissory estoppel as a reliance-based substitute for consideration when a promise reasonably induces action or forbearance. In The Arkenstone, the emotional and strategic stakes help illustrate why reliance can make nonbargained promises legally significant.

Doctrinal map

R2d § 90’s four-part test — clear and definite promise, foreseeable reliance, actual reliance, injustice avoidable only by enforcement — produces enforceability where consideration alone would not. Ricketts v. Scothorn is the classic gratuitous-promise case. Conrad v. Fields shows the test applied to an educational-support promise. Hoffman v. Red Owl extends the doctrine to pre-contract negotiations. Drennan v. Star Paving uses it to keep subcontractor bids open. The student leaves with a map of how reliance interacts with consideration across these archetypes.

Key Sources

Key Rules

Cases

Exercise: The Arkenstone →