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Course of performance |
: the conduct of parties during a business deal requiring repeated performances that creates an understanding between the parties as to performance and that may be used to help interpret their agreement in instances of dispute
compare course of dealing practical construction usage of trade
| Based on Merriam-Webster's Dictionary of Law ©2001. Merriam-Webster, Incorporated Published under license with Merriam-Webster, Incorporated. http://www.m-w.com |
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promissory estoppel
an estoppel that prevents a promisor from denying the existence of a promise when the promisee reasonably and foreseeably relies on the promise and to his or her loss acts or fails to act and suffers an injustice that can only be avoided by enforcement of the promise
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