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Assumpsit - Definition - Law Dictionary Home Dictionary Definition assumpsit

Definition :

assumpsit


[Medieval Latin, he/she undertook]
: an express or implied promise or contract or quasi contract the breach of which may be grounds for a suit
;also
: a common-law action that may be brought for such a breach compare covenant, debt NOTE: The action of assumpsit developed in early English law and is still available in the U.S. in some jurisdictions.




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