Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

conditional promise

A promise that is conditioned on the occurrence of an event < she made a conditional promise to sell the gold on April 2 unless the price fell below $300 an ounce before that time>. ( A conditional promise is not illusory as long as the condition is not entirely within the promisor's control.

unconditional promise

A promise that either is unqualified or requires nothing but the lapse of time to make the promise presently enforceable. ( A party who makes an unconditional promise must perform that promise even though the other party has not performed according to the bargain. - Also termed independent promise.