Found 1 items, similar to Assumpsit.
English → English (gcide)
Definition: Assumpsit
Assumpsit
\As*sump"sit\ (?; 215), n. [L., he undertook, pret. of
L. assumere. See
Assume.] (Law)
(a) 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.
(b) 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. --Wharton.
[1913 Webster]