Archive for the ‘Terms and Topics’ Category

Personal jurisdiction, or in personam jurisdiction, refers to the power of a court to enter a binding judgment against a person or other legal entity. A court must be able to exercise personal jurisdiction over a party in order for that party to be bound by an order of the court. International Shoe Co. v. Washington [...]

Promissory estoppel serves as a “consideration substitute” in contract law that renders certain promises otherwise lacking in consideration binding and enforceable. In such cases, the promisee’s reliance is treated as an independent and sufficient basis for enforcing the promise. Promissory estoppel can be viewed as a legal device that prohibits the promissor from denying the existence of a contract for lack of consideration. Hayes v. Plantations Steel Co.