📜 BAR Exam Prep

Promissory estoppel can enforce a promise even without consideration when:

A The promisor is wealthy
B The promisee reasonably relied on the promise to their detriment
C Both parties are merchants
D The promise is made orally

✓ Correct Answer: Option B

Promissory estoppel: a promise is enforceable if the promisor should reasonably expect reliance, the promisee actually relies to their detriment, and justice requires enforcement.

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