law of contract
An offer in its shortest form is basically an invitation to contract.
No.
Name and list the roles of five (5) personnel who are concerned in the building contract.
Yes
The Local 25 eventually accepted a deal that included a three year contract.
Yes, if the proposal contains an offer to contract, and that offer is accepted by the other party, and the contract meets all the other legal criteria for enforceability. You should never offer a proposal if you don't want to be bound by the contact that it would create when it is accepted.
unilateral contract
Hedi Klum never attended college. She was offered a modeling contract and accepted the contract when she finished high school.
In real estate, "contract pending" means that an offer to purchase has been made and tentatively accepted. The contract is in the process of being finalized and signed by both parties.
She was discovered while performing in a local book store. It took convincing for her to get her parents to let her sign the contract though.
Simply put- A unilateral contract can be modified or changed by one party and a bi-lateral must be agred upon and accepted by both contractual parties involved.
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