A declaration, verbal or written, made by one person to another for a good or valuable consideration in the nature of a covenant by which the promisor binds himself to do or forbear some act, and gives to the promisee a legal right to demand and enforce a fulfillment. See Taylor v. Miller, 113 N. C. 340, 18 S. E. 504; New- comb v. Clark, 1 Denio (N. Y.) 22S; Foute v. Bacon, 2 Cush. (Miss.) 104; U. S. v. Baltic Mills Co., 124 Fed. 41, 59 C. C. A. 558. “Promise” is to be distinguished, on the one hand, from a mere declaration of intention involving no engagement or assurance as to the future; and, on the other, from “agreement,” which is an obligation arising upon reciprocal promises, or upon a promise founded on a consideration. Abbott. “Fictitious promises,” sometimes called “implied promises,” or “promises implied in law,” occur in the case of those contracts which were invented to enable persons in certain cases to take advantage of the old rules of pleading peculiar to contracts, and which are not now of practical importance. Sweet
What is PROMISE?
Enter your email address to stay current on legal news and receive special offers
Featuring Black’s Law Dictionary
Nothing implied or stated on this page should be construed to be legal, tax, or professional advice. The Law Dictionary is not a law firm and this page should not be interpreted as creating an attorney-client or legal adviser relationship. For questions regarding your specific situation, please consult a qualified attorney.
- W-9s: What It Is, Who They’re For, & How To Fill It Out
- Marijuana: Recreational, Grow, & Medical Laws By State 2020
- Economic Recession VS Depression: Similarities & Differences
- Brexit Explained For Those Who Don’t Live In The UK
- Imperialism Definition, Laws, & History: From Rome To Now
- Capitalism, Socialism, & Communism Explained In Plain English
- What Is A Government Shutdown & Who Does It Affect?
- Is It A Monopoly? Everything You Ever Wanted To Know
- Breach Of Contract: What It Is, Types, Examples, & Resolving Them
- Plausible Deniability Definition, Examples, & Laws
- Best Way to Find Someone in Jail for Free
- How Do You Look up License Plate Numbers?
- Best Way to Run a Free Arrest Warrant Check
- What Is A Police Welfare Check?
- Signing a Letter on Someone Else’s Behalf
- How To Find An Inmate’s Release Date
- How To Find A Name & Address Using A License Plate Number
- Best Way to Write a Professional Letter to a Judge
- How To Look Up My Court Date Online
- How to Transfer a Car Title When The Owner Is Deceased