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Definitions for "Assumpsit"
Keywords:  breach, undertaking, implied, assumere, unascertained
Related Terms: Implied contract, Oral agreement, Express contract, Oral contract, Breach of contract, Quasi-contract, Anticipatory breach, Letter of intent, Specific performance, Stipulate, Unenforceable contract, Agreement, Material breach, Agreement, Contract , Quasi contract, Meeting of minds, Breach of covenant, Parol evidence rule, Valid contract, Subject to contract, Consideration, Warranties, Time is of the essence, Compromise agreement, Settlement agreement, Contracts, Executory, Meeting of the minds, Offer, Promise, Proviso, Term, Warranty, Unenforceable, Mutual assent, Unilateral contract, Condition, Implied agency, Letter of intent, Heads of agreement, Accord and satisfaction, Agree, Implied, Executory contract, Negative covenant, Rescission of contract, Letter of agreement, Performance
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.
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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.
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A form of action for the recovery of damages for the non-performance of a contract.
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