Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson

Exercise 8

Consider promissory estoppel and quasi-contracts. Do you like the fact that these doctrines exist Should courts have "wiggle room" to enforce deals that fail to meet formal contract requirements Or, should the rule be "If it's not an actual contract, too bad. No deal."