Promisor - Law Dictionary Search Results
Guarantee
of a specified amount, Constitution of India, Art. 366(13). A guarantee is an accessory contract by which the promisor undertakes to be answerable to the promisee for the debt, default or miscarriage of another person, whose primary
main purpose rule
a promise to pay the debt of another need not be in writing to be enforceable if the promisor was motivated by a desire for advantage or benefit called also leading object rule; compare statute of frauds
several
a : of or relating separately to each individual involved ;specif : enforceable separately against each party [each promisor owed a duty] see also several liability at liability several obligation at obligation b : being separately or
Keep your definitions linked to case research
promise
party making it to a particular performance [an illusory promise depending solely on the will of the supposed promisor] implied promise : a promise that is considered to exist despite the lack of an agreement or express
obligor
bound by an obligation to another [an obligation extinguished by performance of the ] compare creditor, debtor, obligee, promisor, surety
estoppel
equivalent to the original claim called also prosecution history estoppel promissory estoppel : an estoppel that prevents a promisor from denying the existence of a promise when the promisee reasonably and foreseeably relies on the promise and
Promissory estoppel
SCC 409: (1979) 2 SCR 641. Means as an estoppels which arises when there is a promise which promisor should reasonable expect to induce action or forbearance of a definite and substantial character on the part of
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