Yo daddy.
A unilateral promise in when just one of the parties to a contract agrees to do something. A bilateral promise is when both parties agree to perform under the contract.
Yes
The consequences of rescission of voidable contract is that the other party does not need to perform any promise contained in the contract.
A bilateral contract.
in a contract you are legally bound by it and a promise is something u just make someone. so if u break your contract you could go to jail but if u break a promise you might lose a friend or who ever you made that promise with.
A forward contract is legally binding promise to perform some actions in the future . Forward commitments include forward contracts , future contracts and swaps
You may sue for breach of this promise only if the failure to make the delivery on time is a material breach of the contract and if you suffered monetary damages as a result of the breach. The promise to deliver at a specific time is not automatically a material provision of the contract per se although it can be made so within the contract itself. Never the less, even if it is a material provision and if it has been breached, you may not sue if you have suffered no monetary damages as a result of the failure to make an on time delivery.
promise to pay another's debt that is not conditioned upon the other person's failure to pay promise to pay another's debt that is not conditioned upon the other person's failure to pay
Get them to sign a contract.
It can be called a covenant or a contract.
This question, like most legal questions, depends on the jurisdiction of the parties and the controlling law. The specific facts are also very important. For example, is the child an adult or a child? Was the promise of the parents based in contract or made in return for consideration?
the promisor in a contract may also called Obligor.The promisor is a law term that refers to the party who is on the receiving end of a promise. The party making the promise is the promisee.Actually it's the other way around- a promisee is on the receiving end, while the promisor is the one making the promise. In a bilateral contract (I promise to give you my car, you promise to give me $10,000), both parties are promisor and promisee because they are each making a promise and receiving a promise.