Dependent Promises Law and Legal Definition
Dependent promises are promises in a bilateral contract which are mutually dependent, that is, the one promise is the condition of the enforcement of the other.
The following is an example of a case law defining a dependent promise:
A dependent promise is a promise conditioned on the performance of a reciprocal promise by the other party. [Exp. Worldwide, Ltd. v. Knight, 2007 U.S. Dist. LEXIS 13294 (W.D. Tex. Feb. 27, 2007)].
Legal Definition list
Related Legal Terms
- Accompanying Spouse and Dependents
- Acts of Independent Significance
- Adequate and Independent Decision
- Adult Interdependent Partner
- Aid to Families With Dependent Children AFDC
- Center for Independent Living
- Child and Dependent Care Tax Credit
- Commodity-Dependent Component
- Commodity-Dependent Value
- Commodity-Independent Component
