Compare and contrast a bilateral contract with a unilateral contract
A bilateral contract is a common contract in which two parties both make a promise. A unilateral contract involves one party making a promise which will become a contract if the other party performs some (unpromised) action.
You might also like to view...
________ is a centralized database that consolidates company-wide data from a variety of operational systems
A) Syndicated service B) Bibliography C) Competitive intelligence D) Standard Industry Classification (SIC) system E) Data warehouse
In the proposal solicitation stage of the business buying process, the buyer invites qualified suppliers to submit proposals
Indicate whether the statement is true or false
A study by Holiday Inn actually showed that as the number of defects per hotel increase, the amount of revenue per room increases
Indicate whether the statement is true or false
The buyer and seller of goods may not simultaneously hold insurable interests in the goods
a. True b. False Indicate whether the statement is true or false