Examlex

Solved

Match the Term on the Left to Its Description on the Right

question 126

Multiple Choice

Match the term on the left to its description on the right.
-Maintenance


Definitions:

Consideration

Something of value given by both parties to a contract that induces them to enter into the agreement to exchange mutual performances.

Student Debt

Loans accumulated through financing higher education, often a significant financial burden for graduates.

Bilateral Contract

A legal agreement in which both parties make promises to perform certain actions or obligations.

Unilateral Contract

An agreement where one party makes a promise in exchange for an act by another party, becoming binding once the act is performed.

Related Questions