In a Bilateral Contract, If One Party Is Not Bound

question 71

True/False

In a bilateral contract, if one party is not bound, neither party is bound.

---

Definitions:

Golden Rule

A moral principle that suggests treating others as one would like to be treated themselves, often cited in various ethical and religious contexts.

Sense of Humor

The ability or quality of appreciating, creating, or understanding humor.

Transcreation

The process of adapting a message from one language to another, while maintaining its intent, style, tone, and context.

Back-translation

A method used in translation where a text is translated into another language and then translated back into the original language to check for accuracy.