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Translations for „promisee“ in the German » English Dictionary (Go to English » German)

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promisee

Monolingual examples (not verified by PONS Editors)

English

Once the promisee performed completely, consideration is satisfied and a contract is formed and only the promisor is bound to his promise. en.wikipedia.org

At the same time the courts may add conditions to that decision, such as requiring the promisor or promisee to pay the third party compensation. en.wikipedia.org

For example, a task requiring specialized skills or based on the unique characteristics of the promisee can not be delegated. en.wikipedia.org

So, if a promisee provides 99% of the performance sought, the promisor could then revoke without any remedy for the promisee. en.wikipedia.org

As time passes and the original promisee of the covenant is no longer involved in the land, enforcement may become lax. en.wikipedia.org

In unilateral contracts, the promisor seeks acceptance by performance from the promisee. en.wikipedia.org

The promisor has maximum protection and the promisee has maximum risk in this scenario. en.wikipedia.org

Consideration is a rule that there must be a benefit or detriment involved in any contract, and that this must initially come from the promisee. en.wikipedia.org

Although consideration must move from the promisee, it does not necessarily have to move to the promisor. en.wikipedia.org

Therefore, for a plea of promissory estoppel to succeed, there must be a change in circumstances of the promisee. en.wikipedia.org

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