BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Person to whom a promise is made.
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donee
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promisee
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creditor
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donor
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Explanation:
Detailed explanation-1: -A promisee is a party to which a promise is made and a promisor is a party which performs the promise.
Detailed explanation-2: -A promisor is someone who makes a promise to a promisee. The person making the promise is called the promisor. The person to whom he makes the promise is a promisee.
Detailed explanation-3: -When two parties enter into an agreement, there are two distinct roles each play: the promisor and the promisee. The promisor is the party that makes the promise, while the promisee is on the receiving end of the promise.
There is 1 question to complete.