May 13 2015

Legal Vocabulary: Assumpsit

Assumpsit as the following definitions: “(1) A promise by which someone assumes or undertakes an obligation to another person. (2) An agreement or promise made orally or in writing not under seal; a contract. (3) A legal action seeking compensation for the nonperformance of a contract that was not officially approved or recorded. (4) An actionable promise. (5) A legal action for a breach of agreement.”

Machine Briefs:
OPTION #1: assumpsit= A/SUM/S*IT
OPTION #2: assumpsit= A/SUFRP/S*IT

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Posted May 13, 2015 by Elsie Villega in category "Briefs", "Legal", "Vocabulary

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