Which Type of Contract,bilateral or Unilateral,is More Common in Business

question 5

Essay

Which type of contract,bilateral or unilateral,is more common in business? Why? Under what circumstance would someone prefer one or the other? What are the advantages of each type for the offeror? For the offeree?

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Definitions:

Justice Department

A federal executive department of the U.S. government responsible for the enforcement of the law and administration of justice.

Innovative Deejay

A disc jockey who introduces new and creative techniques or styles in music selection, mixing, and presentation.

Hip Hop Culture

A movement characterized by four main elements: rapping (MCing), DJing, graffiti painting, and b-boying, that originated in the 1970s in the United States, specifically within African American and Latino communities in New York City.

Rock and Roll

A genre of popular music that originated in the United States in the late 1940s and early 1950s, characterized by a heavy use of guitars, drums, and a strong rhythm.