Meaning & use
Assumpsit
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In common law, a form of legal action for the recovery of damages arising from the breach of an informal contract or promise.
See it in a sentence
The merchant brought an action of assumpsit against the buyer for failing to pay as promised.
Modern contract law evolved in large part out of the old common-law writ of assumpsit.
A note on using this word
Latin for 'he has undertaken' or 'he promised,' assumpsit was historically one of the key legal actions from which modern contract law developed in English common law.
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