You enter into a bilateral contract with the educational institution because if you read the college brochure they usually lists the rights and responsibilities of the student, then the rights and responsibilities of the school. In effect t...
http://answers.yahoo.com/question/index?qid=20091106163...
A bi-lateral contract is an exchange of promises. A unilateral contract is a promise to pay in exchange for a specific performance. Your example has nothing to do with either. The Answer is (A). This is a bi-lateral agreement for the sale o...
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Clause 9 of the General Conditions of the contract provided that the agreement could be terminated on a number of grounds. As it relates to this issue of variation, clause 9(d) specified that the agreement shall be terminated by [Franklyn’s...
http://www.lawcourts.gov.bb/Lawlibrary/events.asp?id=63...
When something happens unilaterally, it generally connotes the occurence of an event which takes place in the absence of an agreement. Thus, thus, for example, Prime Minister Ian Smith declared Rhodesia independent 'Unilaterally'on 11 Novem...
http://www.lawforums.co.uk/contract-law/139-contract-la...
1. a one-sided agreement whereby you promise to do (or refrain from doing) something in return for a performance (not a promise)
http://www.audioenglish.net/dictionary/unilateral_contr...
If you have a unilateral contract, then you have the right to revoke it. This is fairly basic contract law. For a contract to be binding and irrevocable both parties must understand and sign the contract.
http://wiki.answers.com/Q/What_about_the_revocation_of_...
Simply put- A unilateral contract can be modified or changed by one party and a bi-lateral must be agred upon and accepted by both contractual parties involved.
http://wiki.answers.com/Q/What_distinguishes_a_bilatera...