In regards to equity.
In this country we basically have two ways for someone to gain legal redress in the courts . The courts of law for Statute and Common law decisions and the courts of equity where no illegal or unlawful conduct has occurred but due to someone's actions some form of remedy under fairness is required.
So If an agreement turned out not to be a contract and therefore enforceable under the law ,there could be an argument depending on the specific facts of the case that the agreement could to some degree be enforced in the court of equity (fairness ) . However fairness goes both ways which is why it is important not to let something drag on as by doing so it can lead to a situation where it would not be fair for a court to establish an equity due to how long the claimant had waited before he tried to act on the promise or seek redress in the courts.
The general requirements for an estoppel to arise is below
- A representation or assurance has been made to the claimant which the claimant has relied on and then he or she has then suffered a detriment as a result of the reliance.