Promisor
Term · Law · MLC-T-LAW-003960
The person who makes a promise in a contractual agreement, undertaking an obligation to another party. This individual commits to performing or refraining from a specific act. If the promise is legally enforceable, the promisor is bound to fulfill their commitment or face legal consequences for breach of contract.
| Identifier | MLC-T-LAW-003960 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-003960",
"term": "Promisor",
"field": "Law",
"definition": "The person who makes a promise in a contractual agreement, undertaking an obligation to another party. This individual commits to performing or refraining from a specific act. If the promise is legally enforceable, the promisor is bound to fulfill their commitment or face legal consequences for breach of contract.",
"url": "https://mlchart.com/terminology/law/promisor/"
}
Record 4,002 of 5,441 in Law terminology (MLC-0107). Request the full dataset.