Examlex
Which of the following is NOT a potential advantage of using a divisional structure?
Unilateral Contract
A contract in which only one party makes an enforceable promise to do or refrain from doing something if the other party performs some act.
Binding Contract
An agreement between parties that is legally enforceable by law, containing all essential elements of a contract.
Unilateral Contract
A contract in which only one party makes a promise or undertakes a performance, while the other party accepts by performing the specified act.
Oral Acceptance
The verbal agreement to the terms of a contract, which in some cases can be legally binding, depending on the nature of the contract and jurisdiction.
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