A contract typically contains certain elements, such as an offer, acceptance of that offer, consideration, and mutual assent. A contract can be either oral or written, but it is typically advisable to have a written contract whenever possible so that all the terms are clearly laid out and there is no question as to what each party has agreed to.
A promise, on the other hand, is not necessarily legally enforceable. A promise is simply an expression of intent to do (or not do) something. For example, if you tell your friend that you will pay them back the money they lent you next week, that is a promise. Whether or not that promise is legally enforceable depends on a number of factors, such as whether or not there was a consideration (i.e., something of value given in exchange for the promise) or a serious intent to follow through on the promise.
Is a Promise Enforceable Even if It Is Not a Contract?
If you are questioning whether or not a promise is enforceable, it is best to consult with an experienced litigation attorney. An attorney can review the facts of your case and advise you as to whether or not you have a valid legal claim. If you do have a claim, an attorney can also help you pursue it in court. In general, you may be able to enforce a promise in Michigan if four primary factors are met.
Can a Business Litigation Lawyer Help Me Enforce a Promise?
The answer to this question depends on the facts of your specific case. If you believe that someone has breached a promise they made to you that resulted in a negative impact on your business, it is advisable to consult with an attorney to discuss your legal options. An experienced business litigation lawyer can help you understand the law and what your options are for pursuing a claim.
When Should I Seek Litigation Assistance?
There are many instances when it may be beneficial to seek the assistance of a litigation attorney, including for a broken promise that netted you a loss. If you are unsure whether or not you need an attorney, it is always best to err on the side of caution and consult with one. An experienced attorney can review your case and advise you as to whether or not you have a valid claim. Our team of experienced business litigation attorneys can help you with all aspects of your case, from start to finish. We understand the law and we know how to navigate the court system. Contact us today at 248-572-1050 to schedule a consultation to discuss your case.