Promise: Difference between revisions

From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson
m (Spacing 21/8/13)
imported>Doug Williamson
m (Added category)
 
Line 7: Line 7:
* [[Promisee]]
* [[Promisee]]
* [[Promisor]]
* [[Promisor]]
[[Category:Treasury_operations_infrastructure]]

Latest revision as of 09:42, 29 January 2014

An undertaking given by one person (the promisor) to another (the promisee) to do or refrain from doing something.

Under most legal systems promises are legally binding only if they are contained in a contract or made by deed.


See also