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Promise
From Wikipedia, the free encyclopedia
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For other uses, see
Promise (disambiguation).
A promise is a commitment by someone to do or not do something.
In the law of
contract, an exchange of promises is usually held to be legally enforceable, according to the Latin maxim
pacta sunt servanda.
Contents
Types of promise
Both an
oath and an
affirmation can be a promise. One special kind of promise is the
vow.
A notable type of promise is an
election promise.
In
contract law, a promise is a manifestation of intention to act or refrain from acting in a specified way. It is so made as to justify a promisee in understanding that a commitment has been made. The person manifesting the intention is the promiser. The person to whom the manifestation is addressed is the promisee. Where performance of the promise is assumed to benefit a person other than the promisee, that person is a beneficiary. But in contract law, the word promise is commonly used to refer to promises which result in the promiser's word justifying expectations of performance from which a legal duty will arise in term of results. For instance, A orally agrees to sell land to B. This is an offer. B agrees to buy the land and pays $1000 to A. This is an acceptance of the offer. If the land did not legally belong to A, his is a fraud and B is legally expected to recover his $1000 By virtue of this indirect recognition of the duty to convey promise accurately, the agreement is a contract.If the promise is obviously misunderstood, the contract is void. Some say that the contract is a promise for a promise.
Examples of promises
My friend promised me she would be there for my birthday.
My friend promised to do as I say.
My stepfather promised not to be cruel to me.
Conditional commitment
In
loan guarantees, a commitment requires to meet an
equity commitment, as well as other conditions, before the loan guarantee is closed.
Religion
Religions have similar attitudes towards promises.
Christianity
Main article:
Oath
In Christianity, a distinction is made between simple promises and oaths or vows. An oath is a promise invoking A vow is a solemn form of a promise typically made to commit oneself to a moral good with God as witness, and binds oneself to its fulfillment over time.
Some groups of Christians, such as the
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