41. The contract price as a point of reference may help determine the promissory estoppel. 42. The remedy for promissory estoppel is reliance damages. 43. The promissory notes he issued were as fraudulent as the rest of his scheme. 44. Additional funding was found by issuing promissory notes at a rate of 4 %. 45. Calozza handed them promissory notes in return. 46. Overnight rates on bank promissory notes jumped to 54 percent from 49 percent on Friday. 47. Instead, it must sell promissory notes, the equivalent of banks'fixed deposits. 48. It paid the rest back in construction materials, state promissory notes and even sugar. 49. The banks would also receive a secured 10-year promissory note for the remainder. 50. In return, Symington signed a promissory note agreeing to repay CREI $ 4 million.
