Question: A contract is defined as a promise or a set of promises that must be performed by the parties to the contract. The performance of
A contract is defined as a promise or a set of promises that must be performed by the parties to the contract. The performance of that contract is recognized by the law as a duty. If the contract is breached by a party to the contract, then the law provides a remedy for other parties to the contract. However, in a unilateral contract, there is no contract until the offeree performs the requested act. It is a promise for an act.
Based on the information given above, answer whether a unilateral contract fits the definition of a contract? Why or why not?
Support your answer with proper reason and examples.
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