Van Dyke v. Glover
In Van Dyke v. Glover, 326 Ark. 736, 934 S.W.2d 204 (1996), the supreme court stated:
"The blackletter law on promissory estoppel is found in the Restatement (Second) of Contracts: A promise which the promisor should reasonably expect to induce action or forbearance on the part of the promisee or a third person and which does induce such action or forbearance is binding if injustice can be avoided only by enforcement of the promise. The remedy granted for breach may be limited as justice requires." Van Dyke v. Glover, supra (quoting Restatement (Second) of Contracts, 90 (1981)).