Stacey wanted someone to paint her house.Jessica offered to do it for $300 while Nancy offered to do it for $250.A few days after Stacey entered into a contract with Nancy,the latter increased her fees to $400.By this time,Jessica was not interested in entering into a contract with Stacey anymore.Stacey can seek to be compensated on the basis of a _____.

Question

Quizplus · Accepted Answer

A promisee's reliance interest is his/her interest in being compensated for losses that he/she has suffered by changing his position in reliance on the other party's promise.

Stacey Wanted Someone to Paint Her House