Examlex
Which of the following is a valid treatment medication for individuals addicted to tobacco?
Unilateral Contract
A type of contract where one party makes a promise in exchange for an act by the other party, becoming binding once the act is completed.
Bilateral Contract
A contractual agreement involving two parties where each promises to perform an act in exchange for the other's act.
Past Consideration
Refers to an act or benefit given in the past that cannot be legally considered as an inducement for a contract.
Illusory Promise
A statement that appears to be a promise but is too vague or lacks the requisite commitment to be legally enforceable as a contract.
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