The person to whom a promise is made.
A promisee is a person who is promised something by another party in a legal agreement or contract.
The promisee is the party who is entitled to receive the benefits or performance promised by the other party in the contract.
Yes, a promisee can be a third party beneficiary to a contract, meaning they are not a party to the contract but are intended to benefit from it.
If a promisee breaches a contract, they may be liable for damages or other legal consequences, depending on the terms of the contract and the nature of the breach.
In some cases, a promisee may be able to assign their rights under a contract to another party, but this depends on the terms of the contract and applicable laws.
A promisee is a party who is promised something in a contract, while a beneficiary is a third party who is intended to benefit from the contract.
In some cases, a promisee may be able to sue for specific performance of a contract, which means they can ask a court to order the other party to fulfill their obligations under the contract.
The statute of limitations for a promisee to bring a legal action for breach of contract varies depending on the jurisdiction and the nature of the contract.
In some cases, a promisee may be able to waive their rights under a contract, but this depends on the terms of the contract and applicable laws.
The remedies available to a promisee in the event of a breach of contract may include damages, specific performance, or other legal remedies, depending on the terms of the contract and applicable laws.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 13th April 2024.
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