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promisor

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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.
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A conditional promise to give is a promise to give that depends on the occurrence of a specified future and uncertain event to bind the promisor (paragraph 209 of Statement 116).
Statement of Financial Accounting Standards No. 164-not-for-profit ... by Journal of Accountancy
Promissory estoppel is "[t]he principle that a promise made without consideration may nonetheless be enforced to prevent injustice if the promisor should have reasonably expected the promisee to rely on the promise and the promisee did actually rely on the promise to his or her detriment.
Testing the boundaries of the First Amendment press clause: a ... by Fargo, Anthony L.; Alexander, Laurence B. / Harvard Journal of Law & Public Policy
The Second Restatement's formulation provides that a party is an intended beneficiary, and thus has rights under a contract, if unless otherwise agreed between promisor and promisee .
Privatizing democracy: promoting election integrity through ... by Nou, Jennifer / Yale Law Journal
 
 
 
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