answersLogoWhite

0


Best Answer

=A promise is when somebody let's you borrow something or ask's you to take it and keep it safe. And if you do take the thing you borrowed and took it back when you were soposed to then that is a promise. But when you don't the person or freind probably won't trust you.=

User Avatar

Wiki User

15y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Does a promise to pay in exchange for a promise of performance become an absolute duty when the agreement is formed?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a bilateral contact?

The definition of a bilateral contract is a contract that involves mutual promises where each party is both a promise and promisor. It is a formal agreement where two parties promise something in exchange for the other person's promise.


What is the difference between promise and agreement?

A promise is when you tell someone you will do something, and agreement is when you both decide that something is right.


What is another word for an agreement or promise?

Agreeable


What is a promise or a agreement?

It can be called a covenant or a contract.


Can you make a holiday sentence with the word exchange?

I promise to not exchange your gift.


What is a agreement or a promise called?

It can be called a covenant or a contract.


What is a probation agreement and what does it contain?

agreement is defined as a promise or set of promises altogether to form cosideration.


What is th different between agreement and promise?

A promise involves one person pledging to do or not do something. An agreement involves two or more people pledging to do or not do something with the approval of all members of the group.


What word suggests promise?

contract, agreement, undertaking, commitmant, pledge, promise, engage, warrant. If they dont help, use a thesaurus!!!Some other words for covenant are: Contract, agree, stipulate, undertake, engage, bargain, pact, agreement contract (or 'contract of agreement')


What is meant by a pledge?

A pledge is a promise or a agreement to do something. It also can be a payment of debt.


What are synonyms of covenant?

promise, contract, agreement, commitment, arrangement, pledge, pact


Which type of contract makes a promise in exchange for a particular act?

Unilateral