What is the application requirements for promissory estoppel?
1. The representor must clearly that it will not enforce its legal rights against the representee.
2. The representee must rely on the statement in a way that would make it unfair for the representor to retract its promise.
3. The representee must not be guilty of inequitable behaviour.
4. The reprsentor's statment must be made in the context of an existing legal relationship.