Bilateral Contracts Are Usually Made Up of Two Stages-Promises by Both

question 54

Multiple Choice

Bilateral contracts are usually made up of two stages-promises by both parties to perform and later,performance or fulfillment of the promises.When one of the parties to a bilateral contract does NOT receive the performance as promised

• A)a cause of action is recognized at law giving the promisee the right to sue for tort damages.
• B)a cause of action is recognized at law giving the promisee the right to sue for damages for breach of contract.
• C)no cause of action is recognized at law until the promisee satisfies the court that the damages have been mitigated.
• D)no cause of action is recognized at law until all possible criminal proceedings are disposed of.
• E)no action can be brought against any party for simply failing to fulfill its contractual promises.

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Definitions:

Turbines

Machines for producing continuous power in which a wheel or rotor, typically fitted with vanes, is made to revolve by a fast-moving flow of water, steam, gas, air, or other fluid.

Unison

The act of doing something at the same time as someone else or the condition of being in full agreement.

Authorities

Persons or organizations that possess legal or societal power and control, often responsible for making decisions and enforcing rules.

Crowd Crystals

A metaphorical term describing the nucleus around which larger groups form, often based on shared interests or goals.