Examlex
What is the need for achievement?
Unilateral Contract
A contract in which only one party promises to perform without requiring a reciprocal promise to act from the other party.
Bilateral Contract
A legally binding agreement involving two parties where each is obligated to fulfill their respective promises or actions.
Enforceable Agreement
A contract or agreement that can be upheld and compelled by law.
Mirror-Image Rule
A contract law principle stating that an acceptance must exactly match the terms of the offer for a legally enforceable agreement to exist.
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