Hoffman v. Red Owl Stores, Inc.
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|Hoffman v. Red Owl Stores, Inc.|
|Citation||133 N.W.2d 267|
26 Wis. 2d 683 (Wis. 1965)
Ps brought suit against Ds for reliance damages (breach of defendants’ representations/agreements) TC found for P → Ordered new trial w/ issue of damages for losses related to the sale of P’s independent grocery store, fixtures, and inventoryBoth parties appealed
Here, Defendant's promise to set P up with his own store doesn’t contain all elements sufficient to give rise to enforceable contract but it can still be enforced under promissory estoppel
A promise which the promisor should reasonably expect to induce action or forbearance of a definite and substantial character on the part of the promisee and which does induce such action or forbearance is binding if injustice can be avoided only by enforcement of the promise. - Restatement (First) of Contracts § 90