a false statement treated as a promise by a court when the listener had relied on
what was told to him/her to his/her disadvantage. In order to see that justice is
done a judge will preclude the maker of the statement from denying it. Thus, the
legal inability of the person who made the false statement to deny it makes it an
enforceable promise called "promissory estoppel," or an "equitable estoppel. " Example
Bernie Blowhard tells Arthur Artist that Blowhard has a contract to make a movie
and wants Artist to paint the background scenery in return for a percentage of the
profits. Artist paints, and Blowhard then admits he needed the scenery to try to
get a movie deal which fell through and there are no profits to share. Artist sues
and the judge finds that Blowhard cannot deny a contract with Artist and gives Artist
judgment for the value of his work.
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