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What does undertaking mean?

What does undertaking mean?

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Asked by ORestes Technology, Last updated: Nov 09, 2024

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Naheed Mir

Naheed Mir

I am passionate about learning and growing as a person. I love to travel and see different cultures and foods.

Naheed Mir
Naheed Mir, Owner & CEO, BA Economics

Answered Jul 28, 2020

Undertaking, in general, means an agreement to be responsible for something. If you give the undertaking to do something, you formally promise to do it. In a legal context, it refers to a party consenting to a surety arrangement.

Undertaking, in general, means an agreement to be responsible for something. If you give the
They will pay a debt or fulfill a duty if the other person who is bound to pay the debt or perform the duty fails to do so.

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