Examlex
Provide an example of how intangible benefits can be quantified.
Promisor
An individual or entity that makes a promise or commitment in a contract to perform some specified action in the future.
Promisee
The person to whom a promise is made in a contract, to whom the promisor has an obligation.
Promissory Estoppel
A legal principle that prevents a person from going back on a promise, even if it was not formally made as a contract, if it was reasonable to rely on that promise and doing so caused harm.
Refund
A repayment to someone of money they have previously paid.
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