A contract is a voluntary arrangement between two or more parties that is
enforceable at law as ... Less common are unilateral contracts in which one party
makes a promise, but the other side does n...
Unilateral Contract. A contract in which only one party makes an express promise
, or undertakes a performance without first securing a reciprocal agreement ...
Contracts are a part of taking care of business, both personally and
professionally. Unilateral and bilateral contracts are something many people deal
with on a ...
A legally enforceable promise - between legally competent parties - to do or
refrain from doing a specified, legal act or acts. In a unilateral contract, one party
Definition of unilateral contract: Contract arising where one party (the promisor)
makes an offer to pay another party (the promisee) in return for the performance ...
A unilateral contract is a contract created by an offer than can only be accepted
by performance. A unilateral contract can be formed by an express offer stating ...
Unilateral contracts are one sided. In a unilateral contract, a promise on one side
is exchanged for an act or forbearance on the other side. The offeror, makes a ...
A "unilateral" contract is distinguished from a "bilateral" contract, which is an
exchange of one promise for another. Example of a unilateral contract: "I will pay
Unilateral Contract. An agreement to pay in exchange for performance, if the
potential performer chooses to act. An example would be if you promise to pay ...
Bilateral v. Unilateral contracts. Contracts may be bilateral or unilateral. The more
common of the two, a bilateral contract, is an agreement in which each of the ...