What is estopel?

Answer 1

Estoppel is a legal principle that prevents a person from arguing something contrary to a claim they previously made or accepted as true, especially if doing so would harm another party who relied on the original claim. It aims to uphold fairness and prevent inconsistency in legal proceedings. There are various forms of estoppel, including equitable estoppel and promissory estoppel, each addressing different scenarios where reliance on a statement or action is at stake. Essentially, estoppel serves to protect the integrity of legal agreements and representations.