Assumpsit

[ә'sʌmpsit]

Definition

(n.) A promise or undertaking, founded on a consideration. This promise may be oral or in writing not under seal. It may be express or implied.

(n.) An action to recover damages for a breach or nonperformance of a contract or promise, express or implied, oral or in writing not under seal. Common or indebitatus assumpsit is brought for the most part on an implied promise. Special assumpsit is founded on an express promise or undertaking.

Checked by Aida

Definition

n. an action at law wherein the plaintiff asserts that the defendant undertook (L. assumpsit) to do a certain act and failed to fulfil his promise: in the United States the most common form of action.

Inputed by Ethel