Unilateral and Bilateral Contracts

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What is a unilateral contract? What is a bilateral contract? It specifically explains what is required to accept and offer in a unilateral and bilateral contract.
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Thank you so much for the upload Made the concepts very easy to understand. :)

michaelhighwind
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thanks for making these vids really help

toolazytostudy
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A bilateral agreement definitely seems to be better. Unilateral agreement explanation seems to state even if they just get started with their end of the agreement and don't finish it the agreement has been fulfilled.

pstoneking
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I had a question regaurding these types of agreements when negotiating debt settlements. Example If I send a creditor an offer to settle my debt for 10% of the balance and I sent a check for that amount, if the creditor cashed the check would they be required to perform under the terms and conditions of my offer? (action as acceptance)

fingerhole
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There's quite a bit of ambiguity on the second agreement. I personally would not agree to it. There's no fixed price.

shannonmcintyre
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what is Bilateral Clearing agreement in exchange control ?

kimberlyvillanuevanarcida
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thanks for thie video ...
but sir i have one question what's the difference between bilateral and executory contract..?
I am waiting for your reply..
Thank you once again sir..

reenasharma