In DiLorenzo v.Valve and Primer Corporation, the court held:

Question

Quizplus · Accepted Answer

The court held that there was no consideration for the stock option and that promissory estoppel did not apply because detrimental reliance was not proven. This means that DiLorenzo did not provide anything of value in exchange for the stock option, and there was no evidence that he suffered any harm or detriment as a result of relying on Valve & Primer's promise. Therefore, the court did not find in favor of DiLorenzo.

In DiLorenzo V