Contract Law: Promissory Estoppel (Drennan v. Star Paving Co.) [LEAP Preview]

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00:00 Promissory Estoppel vs. Formation Doctrine
The video explains how detrimental reliance appears both in traditional contract formation and as an alternative theory of recovery.

01:15 The Drennan Case and Irrevocable Offers
A classic general contractor–subcontractor scenario illustrates how detrimental reliance can make an offer irrevocable under mutual assent.

05:36 Why This Is Still a Formation Issue
The court's reasoning in Drennan belongs under mutual assent analysis—not promissory estoppel—because the contract may still be enforceable.

06:30 When Promissory Estoppel Actually Applies
Promissory estoppel becomes a true alternative theory only when a promise lacks consideration, like a gift promise.

07:49 The Three Elements of Promissory Estoppel
Section 90 of the Second Restatement lays out the three core elements: foreseeability, detrimental reliance, and injustice.

09:40 Hypothetical: The Free Marker and the $1,000 Whiteboard
An example shows how foreseeability limits the scope of promissory estoppel, especially when promises are minor and reliance is extreme.

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