Contract Law Review 06 Alternatives to Consideration: Equitable Estoppel and Promissory Restitution
Channel: Business Law Education
Date: 2018-12-11

Equity courts developed alongside courts on law starting in the 1500s. Nowadays, US courts can hear matter in law and equity together. Equitable reasons for enforcing contracts, however, are different from legal ones. This video covers the two main equitable reasons for enforcement of a promise that is not enforceable as a contract at law: equitable estoppel and promissory restitution.