ఒక వాగ్దానం ఉన్న వ్యక్తి,

Noun:

ప్రోమినేషన్, డిఫాల్ట్,

promisee's Usage Examples:

able to enforce it if there is a consideration from the promisee to the promisor.

damages paid to the promisee into account.

" Joint promisees: Consideration given in return for a promise must move from the promisee; where there are joint promisees in a contract, consideration.

In other words, if the promisor is owed money by the promisee, any award to the third party for the promisor's failure to perform can be reduced by the amount thus owed.

promisor can refuse to pay if he isn"t subjectively satisfied with the promisee"s performance.

sought by the promisor in exchange for his promise and is given by the promisee in exchange for that promise.

The promisee must have an intention to benefit the third party (though this requirement has an unusual meaning under the law).

A creditor beneficiary can sue both the promisor and the promisee, but the beneficiary cannot recover against both.

Once the promisee performed completely, consideration was satisfied and a contract.

between the promisor and the promisee, (e.

The promisor had maximum protection and the promisee.

Intended beneficiaryThe distinction that creates an intended beneficiary is that one party—the promisee—makes an agreement to provide some consideration to a second party—the promisor—in exchange for the promisor's agreement to provide some product or service to the third-party beneficiary named in the contract.

they specify, made in a way that would lead a reasonable person in the promisee"s position to understand that an acceptance is being sought and, if made.