Restatement Second of Contracts § 2
- A promise is a manifestation of intention to act or refrain from acting in a specified way, so made as to justify a promisee in understanding that a commitment has been made.
- The person manifesting the intention is the promisor.
- The person to whom the manifestation is addressed is the promisee.
- Where performance will benefit a person other than the promisee, that person is a beneficiary.
Copyright, The American Law Institute