General Assumpsit Law and Legal Definition
General assumpsit means an action of assumpsit brought on an implied promise. Assumpsit is a Latin term, meaning ‘he undertook.’ General assumpsit is an action based on the defendant’s breach of an implied promise to pay a debt owed to the plaintiff. These are assumpsit in the common courts. A general assumpsit is also termed as a common assumpsit or a indebitatus assumpsit.
General assumpsit is brought for the breach of an implied or fictitious promise raised by law from a debt founded upon an executed consideration. The cause of action is based on the breach of the defendant’s implied promise to pay a debt.
