Generally speaking, there is no requirement for a witness or notary public to witness the signing of the Promissory Note. … Even if it is not required, having an objective third party witness the signing of the note will be better evidence when you need to enforce the repayment ofRead More →
The three main components needed for promissory estoppel are the promisor, the promisee, and the promise that wasn’t honored. The injustice happens when the promisee suffers a loss when he relied on the promise, and the promise wasn’t kept. Can you sue for breach of contract and promissory estoppel? BreachRead More →
If you’re taking out a loan, you’ll sign a promissory note as evidence that you’ll pay it back. A promissory note is a legal document that declares that the borrower will repay a specific amount of money in a set time frame, often with interest. WHO issues promissory note? PromissoryRead More →
The three main components needed for promissory estoppel are the promisor, the promisee, and the promise that wasn’t honored. The injustice happens when the promisee suffers a loss when he relied on the promise, and the promise wasn’t kept. What is estoppel in contract law? Estoppel is a legal doctrineRead More →