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LSDefine

Simple English definitions for legal terms

bilateral

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A quick definition of bilateral:

Term: Bilateral

Definition: Bilateral means two-sided. It is often used to describe agreements between two countries, like when the United States and Australia agree to limit tariffs on each other's goods. In order for a contract to be enforceable, it usually needs to be bilateral, meaning both parties have to agree to something. Other words that mean the opposite of bilateral include unilateral (when only one side is involved) and multilateral (when many sides are involved).

A more thorough explanation:

Bilateral

Bilateral means two-sided. It is often used to describe agreements between two countries. For example, the United States and Australia have a Bilateral trade agreement that limits tariffs or other protectionist policies between the two nations. In addition, a contract must generally be bilateral to be enforceable under the doctrine of consideration. Alternatives to bilateral include unilateral and multilateral.

  • The United States and Canada have a Bilateral agreement to share intelligence information.
  • Japan and South Korea have a Bilateral trade agreement that reduces tariffs on certain goods.

These examples illustrate how bilateral agreements involve two parties coming to an agreement on a specific issue. In the case of the United States and Canada, they have agreed to share intelligence information, while Japan and South Korea have agreed to reduce tariffs on certain goods. Both agreements involve two countries working together to achieve a common goal.

bigamy | bilateral contract

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THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
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the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
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im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
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JumpySubsequentDolphin
22:39
@splitty Oregon!
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JumpySubsequentDolphin
22:45
haha my brother and sister in law live there
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