these borrowers could potentially sue under a legal theory ofpromissory estoppel. This is an area of law I don’t have any personal experience with, especially when it comes to federal agencies, but I thought it
Accounting for profitsrefers to an action for equitable remedy. This action is against a person in a fiduciary relationship to recover profits taken in a breach of the relationship. What is equitable estoppel in law? More simply put, equitable estoppel isgenerally words or conduct which cause ano...
What is promissory estoppel? Within contract law, promissory estoppel refers to the doctrine thata party may recover on the basis of a promise made when the party's reliance on that promise was reasonable, and the party attempting to recover detrimentally relied on the promise. What is a nova...
Pretty self-explanatory. However, damages renters cause to the apartment must go beyond normal wear and tear. Anything that’s a result of simply living in the apartment—faded wallpaper, for instance, or normal signs of foot traffic on your parquet floor—wouldn’t be a reason to keep a ...
A homeowners' association (HOA) is usually a not-for-profit organization established by a community that governs rules regarding what can and cannot occur in homes, and also determines the rules and money spent on shared property. Many condominium andtownhousesavailable for purchase are part of ...
If my health insurance contract includes a "Promissory Estoppel" clause to the effect that no oral or written statements by any individual can alter the terms of the contract, is or isn't that statement a violation of the estoppel doctrine?
Another good example of an equitable remedy is equitable estoppel— this means that the defendant may be stopped or prevented from doing something if it wouldn't be fair. There are also several other remedies considered equitable. Specific performance, which mandates that the terms of a contract...
Owners may be able to sell their businesses faster and more simply through an ESOP than through other avenues, and they also offer the ability to sell the business gradually. If certain qualifications are met, owners may also be able to defer substantial capital gains taxes or reduce overall ...
What Does Ex-Rights Mean? What Is the Equity-to-Asset Ratio? What Is Eminent Domain? What Is Elasticity in Finance? What Are Equal-Weight Index Funds? What Is Economics? Fundamentals & Significance What Is Earnest Money: Its Purpose in Sales ...
What Does Ex-Rights Mean? What Is the Equity-to-Asset Ratio? What Is Eminent Domain? What Is Elasticity in Finance? What Are Equal-Weight Index Funds? What Is Economics? Fundamentals & Significance What Is Earnest Money: Its Purpose in Sales ...