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Simple English definitions for legal terms
unilateral act
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A quick definition of unilateral act:
A unilateral act is when only one person makes a decision or does something without needing anyone else's agreement. For example, if someone writes a will, they are making a unilateral act because they are deciding what happens to their things after they die without needing anyone else's permission. It's like doing something all by yourself without needing help from anyone else.A more thorough explanation:
A unilateral act is an action or deed performed by only one party, without the involvement or consent of any other party. It is a voluntary action that is taken by an individual or organization, without any external influence or pressure.
Examples of unilateral acts include:
- A person making a will, which is a legal document that outlines how their assets will be distributed after their death.
- An individual exercising a power of appointment, which is the right to designate who will receive property or assets.
- A party voiding a voidable contract, which is a contract that can be legally cancelled by one party.
These examples illustrate the definition of a unilateral act because they involve only one party making a decision or taking an action, without any input or agreement from another party. The decision or action is made solely by the individual or organization, and is not influenced by any external factors.