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LSDefine

Simple English definitions for legal terms

Unilateral Contract

Read a random definition: quod partitio fiat

A quick definition of Unilateral Contract:

A unilateral contract is a type of agreement where one person makes an offer that can only be accepted by doing something. For example, if someone offers a reward for finding their lost dog, the only way to accept the offer is by finding the dog. The person who made the offer can change their mind before the other person starts doing what they need to do to accept the offer. Each state has its own rules about unilateral contracts.

A more thorough explanation:

A unilateral contract is a type of contract where an offer is made that can only be accepted by performing a specific action.

For example, if someone offers a reward for finding their lost dog, this is a unilateral contract. The offer can only be accepted by finding the dog, which is the required performance.

Another example of a unilateral contract is a contest. If a company offers a prize for the best photo submitted, this is a unilateral contract. The offer can only be accepted by submitting a photo that meets the requirements of the contest.

It's important to note that in a unilateral contract, the offeror can revoke the offer before the offeree begins to perform. However, the revocation must be expressed.

Unilateral contracts are governed by state laws, not federal laws.

Unilateral | Unincorporated

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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