ASSUMPSIT,in Law, a naked Contract; or a voluntary Promise, by Word of Mouth, by which a Man assumes and takes upon him to perform, and pay anything to another. See CONTRACT, COVENANT, etc. This Term comprehends any verbal Promise; and is variously expressed by the Civilians, according to the Nature of the Promise: Sometimes, by pactum; sometimes by promissio, pollicitatio, or constitutum. See PACTUM.
Where a Man sells Goods to another, the Law makes the Assumpsit; and promises that he shall pay for them.
ASSUMPSIT
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- Written by: Ephraïm Chambers
- Category: Unclassified