Terms vs Assumpsit - What's the difference?
terms | assumpsit |
(legal) A promise or undertaking, either express or implied, founded on a consideration.
(legal) An action to recover damages for breach or nonperformance of such a promise.
As nouns the difference between terms and assumpsit
is that terms is while assumpsit is (legal) a promise or undertaking, either express or implied, founded on a consideration.assumpsit
English
Noun
(en noun)- (Wharton)
