– 100 Verified Exam Questions with Correct
Answers on Promissory Estoppel, Damages,
Constructive Changes, Differing Site Conditions &
Legal Doctrines
, 1. Requirements for a valid contract: -Otter
-Acceptance
-Consideration
-Capacity
-Authority
2. Trident v. Austin (2003): -Austin told Trident that they would come back to them and use them if
they won.
-Austin did win, but did not go back to Trident
-Trident could've ottered a backup to their $5.2M.
3. Promissory Estoppel and Detrimental Reliance: an equitable doctrine that
prevents the withdrawal of a promise by a promisor if it will adversely attect a promisee who has
adjusted his or her position in justifiable reliance on the promise
4. Metroplexcore v. Parsons Transportation Group (2014): PTG made repeated
assurances that MC would be part of the team (promises). Even the owner expected MC to be on the team. -
Example of Promissory Estoppel
5. Expectation Damages: Award what was reasonably expected from the contract
6. Rescission Damages: When expectation damages not available, award what party would
have had if contract had not existed
7. Specific Performance and Injunctive Relief: If contract's subject is unique, a court
may order that the breaching party perform its obligations under that contract (specific performance)
or stop doing something (injunction)
8. Quantum Meruit: Award of a reasonable sum of money (i.e., "what the claimant deserved")
9. Key Principles of Contract Damages: Damages cannot be speculative, and must be