For promissory estoppel to apply, the agreement must: Blank______.Multiple choice question.not otherwise be an enforceable contractbe registered with the secretary of state's officehave been executed (i.e., signed) before a notary publicbe profitable to all parties involved

An administrative rule has the effect of Blank______.Multiple choice question.promissory estoppelequitycommercial impracticabilitylaw

Promissory estoppel requires what major element to exist?Multiple choice question.Both parties deny the existence of a contractDetrimental reliance by the injured partyAn agent who conducts actions against the interest of a principalA contract that is profitable to all parties

An agency by ratification is made when a third party reasonably believes that the "agent" is acting on behalf of the principal and that the principal accepts the acts of the agent. Additionally, the principal must know all the material facts regarding the contract and the principal must: Blank______.Multiple choice question.announce to the third party that the agency relationship existsratify at least part of the agent's actratify the entirety of the agent's actbe present when the terms of the contract are formalized in writing

Select all that applyWhat are the elements of the promissory estoppel exception to the statute of frauds? (Check all that apply.)Multiple select question.Both parties can no longer profit from the contract.The detrimental reliance of the injured party could have been foreseen by the other party.One party to the contract must be a minor.One party detrimentally relied on an oral promise.

Once a fully Blank______ agreement has been written, no oral evidence of any prior or contemporaneous agreement can be admitted in court to change the terms of the agreement.Multiple choice question.ratifiedmodifiedintegratedexecuted