Home > Term: assumpsit
assumpsit
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.
- Part of Speech: noun
- Industry/Domain: Language
- Category: Dictionaries
- Company: MICRA Inc.
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Creator
- spencer12
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(Germany)