There are three main points. Promissory estoppel requires:
– One is an explicit commitment made through actions or words.
– Two, a promisee’s position changes due to the promise, though not always negatively.
– Three unfairness if the promisor breaks the agreement.
Estoppel is not a means to an end in and of itself; rather, it serves to support, not oppose, the outcomes of an activity. It plays a vital role as a safeguard, ensuring that rights are not abruptly terminated, thereby providing a sense of security.