Examlex
Your friend tells you that he can't go with you to a concert because he is going home for Yahrzeit.What is this?
Unliquidated Debt
A debt for which the parties either dispute the fact that any money is owed or agree that some money is owed but dispute the amount.
Repayment Schedule
A detailed plan outlining the frequency, amount, and duration of payments owed by a borrower to a lender until the debt is paid off.
Promissory Estoppel
A legal principle that prevents a party from going back on a promise made when the other party has reasonably relied on that promise to their detriment.
Promisor
The person or party in a contract who has made a promise to perform or deliver something to the other party.
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