promisor


Also found in: Dictionary, Thesaurus.
Related to promisor: Valuable consideration, Contractual agreement
See: guarantor, surety

PROMISOR. One who makes a promise.
     2. The promisor is bound to fulfill his promise, unless when it is contrary to law, as a promise to steal or to commit an assault and battery; when the fulfillment is prevented by the act of God, as where one has agreed to teach another drawing and he loses his sight, so that he cannot teach it; when the promisee prevents the promisor from doing what he agreed to do; when the promisor has been discharged from his promise by the promisee, when the promise, has been made without a sufficient consideration; and, perhaps, in some other cases, the duties of the promisor are at an end.

References in periodicals archive ?
Contracts are enforced against promisors who breach when doing so
Was the promisor able to negotiate the terms of the agreement?
In fact, as suggested above, in standard law and economics theory, under incompleteness, an expectation measure of damages is understood to lead to efficient decisions by a promisor to perform or breach an existing contract, given a fixed level of reliance.
Donee beneficiaries have standing because typically there is no other human being or entity who has the incentive to hold the promisor to his or her promise that clearly benefits the plaintiff.
whether the promisor reasonably relied on the promisee's
Imagine the following promise made by Promisor A to Promisee B:
disaffirm the contract and get his money back when the promisor happens
Plainly, the promisor consents to making the sort of promise at issue in section 90(1).
an abortion "except as allowed by the male promisor," that the
Reid discusses promising in two contexts: he argues that the practice of promising presupposes the belief that the promisor is endowed with what he calls "active power" (EAP, IV.
What about the argument that in situations like London Drugs the intentions of the parties would be frustrated if the strict doctrine of privity were upheld since the promisor would be allowed "to circumvent or escape the limitation of liability clause to which it had expressly consented"?
39) Thus, failing to account for all foreseeable contingencies will typically result in a finding that the promisor assumed the risk.