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baddestbunny
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Simple English definitions for legal terms
pollicitation
Read a random definition: wage-withholding
A quick definition of pollicitation:
Pollicitation is a fancy word that means making a promise. When someone offers to do something for you and you accept it, that's a promise. It's different from just offering to make a promise, which is called an "offer of a promise."
A more thorough explanation:
Definition: Pollicitation is an offer of a promise in a contract. It is when someone offers to do something in exchange for something else.
For example, if someone promises to pay you $100 to mow their lawn, that is a pollicitation. The promise is the offer, and if you accept it, it becomes a contract.
Another example is if a company promises to deliver a product to you by a certain date in exchange for your payment. That promise is a pollicitation, and if you agree to it, it becomes a contract.
Pollicitation is an important part of contract law because it helps to establish the terms of an agreement. It is a way for people to make promises to each other and to hold each other accountable for those promises.