{"id":39023,"date":"2026-08-09T04:06:59","date_gmt":"2026-08-09T04:06:59","guid":{"rendered":"https:\/\/www.duck9.com\/blog\/?p=39023"},"modified":"2026-08-09T00:07:25","modified_gmt":"2026-08-09T04:07:25","slug":"promissory-estoppel","status":"publish","type":"post","link":"https:\/\/www.duck9.com\/blog\/promissory-estoppel\/","title":{"rendered":"Promissory Estoppel"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"ltr\">\n<div style=\"display: block\" class=\"\">\n<div style=\"display: inline-block\" class=\"apple-rich-link\" role=\"link\" data-url=\"https:\/\/x.com\/larrychiang\/status\/2086302753735790725?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\"><a style=\"border-radius:10px;font-family:-apple-system, Helvetica, Arial, sans-serif;display:block;width:300px;overflow:hidden;text-decoration:none\" class=\"lp-rich-link\" rel=\"nofollow\" href=\"https:\/\/x.com\/larrychiang\/status\/2086302753735790725?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" dir=\"ltr\" role=\"button\"><\/p>\n<table style=\"border-collapse:collapse;width:300px;background-color:#EBF7FF;font-family:-apple-system, Helvetica, Arial, sans-serif\" class=\"lp-rich-link-emailBaseTable\" cellpadding=\"0\" cellspacing=\"0\" border=\"0\" width=\"300\">\n<tbody>\n<tr>\n<td>\n<div style=\"margin:10px 16px 0px 16px;color:#000000;font-weight:300;text-align:left;width:268px;font-size:11pt;overflow:hidden\" class=\"lp-rich-link-quotedText\">Promissory Estoppel<\/div>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<table bgcolor=\"#EBF7FF\" cellpadding=\"0\" cellspacing=\"0\" width=\"300\" style=\"font-family:-apple-system, Helvetica, Arial, sans-serif\" class=\"lp-rich-link-captionBar\">\n<tbody>\n<tr>\n<td style=\"padding:6px 0px 6px 16px\" class=\"lp-rich-link-captionBar-leftIconItem\" width=\"25\"><a rel=\"nofollow\" href=\"https:\/\/x.com\/larrychiang\/status\/2086302753735790725?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\"><img loading=\"lazy\" decoding=\"async\" style=\"display:inline-block;width:25px;height:25px;border-radius:3px\" width=\"25\" height=\"25\" class=\"lp-rich-link-captionBar-leftIcon\" alt=\"KWn5HNMY_200x200.jpg\" src=\"https:\/\/www.duck9.com\/wp-content\/uploads\/2026\/08\/KWn5HNMY_200x200.jpg\"><\/a><\/td>\n<td style=\"padding:8px 0px 8px 0px\" class=\"lp-rich-link-captionBar-textStackItem\">\n<div style=\"max-width:100%;margin:0px 16px 0px 10px;overflow:hidden\" class=\"lp-rich-link-captionBar-textStack\">\n<div style=\"font-weight:500;font-size:12px;overflow:hidden;text-align:left\" class=\"lp-rich-link-captionBar-textStack-topCaption-leading\"><a rel=\"nofollow\" href=\"https:\/\/x.com\/larrychiang\/status\/2086302753735790725?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" style=\"text-decoration: none\"><font color=\"#000000\">Larry Chiang, 650-283-8008 (@LarryChiang)<\/font><\/a><\/div>\n<div style=\"font-weight:400;font-size:11px;overflow:hidden;text-align:left\" class=\"lp-rich-link-captionBar-textStack-bottomCaption-leading\"><a rel=\"nofollow\" href=\"https:\/\/x.com\/larrychiang\/status\/2086302753735790725?s=43&amp;t=NipKy21fekvPoZS5MA8-lQ\" style=\"text-decoration: none\"><font color=\"#A2A2A9\">x.com<\/font><\/a><\/div>\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><\/a><\/div>\n<\/div>\n<p><\/div>\n<div dir=\"ltr\"><\/div>\n<div dir=\"ltr\">\n<p style=\"margin: 0px 0px 8px 24.2px;text-indent: -16.3px;font-style: normal;line-height: normal;font-family:\"><span style=\"font-family:\">\u2022&nbsp; Larry Chiang posted the standalone phrase \u201cPromissory Estoppel,\u201d referring to the contract law doctrine that enforces a promise if the promisee reasonably relied on it and suffered detriment, even without traditional consideration.<\/span><\/p>\n<p style=\"margin: 0px 0px 8px 24.2px;text-indent: -16.3px;font-style: normal;line-height: normal;font-family:\"><span style=\"font-family:\">\u2022&nbsp; Chiang, who positions himself as involved with GameStop and AMC while teaching business concepts via #cs183e, frequently shares concise legal and financial insights relevant to entrepreneurship, credit, and corporate strategy.<\/span><\/p>\n<p style=\"margin: 0px 0px 8px 24.2px;text-indent: -16.3px;font-style: normal;line-height: normal;font-family:\"><span style=\"font-family:\">\u2022&nbsp; The term often arises in scenarios like debt-to-equity conversions or broken assurances in business deals, where reliance creates enforceable obligations to avoid injustice.\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b\u200b<\/span><\/p>\n<\/div>\n<p><br id=\"lineBreakAtBeginningOfSignature\"><\/p>\n<div dir=\"ltr\">\n<div dir=\"ltr\"><span>WordPress\u2019d from my personal iPhone,&nbsp;<a href=\"tel:650-283-8008\" dir=\"ltr\">650-283-8008<\/a>, number that&nbsp;Steve Jobs texted me on<\/span><\/div>\n<div dir=\"ltr\"><span><br \/><\/span><\/div>\n<div dir=\"ltr\">\n<div><font color=\"#000000\"><span>https:\/\/www.YouTube.com\/watch?v=ejeIz4EhoJ0<\/span><\/font><\/div>\n<div><span style=\"font-size: 13pt\"><br \/><\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Promissory Estoppel Larry Chiang, 650-283-8008 (@LarryChiang) x.com \u2022&nbsp; Larry Chiang posted the standalone phrase \u201cPromissory Estoppel,\u201d referring to the contract law doctrine that enforces a promise if the promisee reasonably relied on it and suffered detriment, even without traditional consideration. \u2022&nbsp; Chiang, who positions himself as involved with GameStop and AMC while teaching business concepts [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":39024,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-39023","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/39023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/comments?post=39023"}],"version-history":[{"count":0,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/posts\/39023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media\/39024"}],"wp:attachment":[{"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/media?parent=39023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/categories?post=39023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.duck9.com\/blog\/wp-json\/wp\/v2\/tags?post=39023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}