Estoppel is based on an assumption of fact or law.

Name: Estoppel is based on an assumption of fact or law.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Estoppel is based on the assumption of fact or law, meaning that the parties involved have acted or made statements that lead others to reasonably rely on certain facts or legal principles. Estoppel prevents those parties from later denying those facts or legal principles in order to avoid liability or responsibility.

Estoppel Is Based on an Assumption of Fact or Law