UNILATERAL AND BILATERAL
\jˌuːnɪlˈatəɹə͡l and ba͡ɪlˈatəɹə͡l], \jˌuːnɪlˈatəɹəl and baɪlˈatəɹəl], \j_ˌuː_n_ɪ_l_ˈa_t_ə_ɹ_əl a_n_d b_aɪ_l_ˈa_t_ə_ɹ_əl]\
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A unilateral contract is one in which one party makes an express engagement or undertakes a performance, without receiving in return any express engagement or promise of performance from the other. Bilateral (or reciprocal) contracts are those by which the parties expressly enter into mutual engagements, such as sale or hire. Civ. Code La. art. 1758; Poth. Obi. 1, 1, 1. 2; Montpelier Seminary v. Smith, 69 Vt. 382, 38 Atl. 66; Laclede Const. Co. v. Tudor Ironworks, 169 Mo. 137, 09 S. W. 388.
By Henry Campbell Black
Word of the day
Platidiam
- An inorganic water-soluble platinum complex. After undergoing hydrolysis, it reacts DNA produce both intra interstrand crosslinks. These crosslinks appear to impair replication and transcription of DNA. The cytotoxicity cisplatin correlates with cellular arrest in G2 phase cell cycle.