Sammy entered into an oral contract with Macaulay for sale of goods amounting to $900.Sammy paid the amount.But Macaulay refused to deliver the goods.Sammy thus suffered serious losses because of Macaulay's breach of contract.Sammy sued Macaulay.At the same time Macaulay took the defense under statute of frauds.Under which principle is Sammy protected?

Question

Quizplus · Accepted Answer

The doctrine of promissory estoppel provides relief to a party which is in danger of serious losses due to a breach of contract.

Sammy Entered into an Oral Contract with Macaulay for Sale