Contracts I

Restatement Second of Contracts § 2

Promise; Promisor; Promisee; Beneficiary

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1. 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.
2. The person manifesting the intention is the promisor.
3. The person to whom the manifestation is addressed is the promisee.
4. Where performance will benefit a person other than the promisee, that person is a beneficiary.