Examlex
If you placed a small boat in waves in the open ocean (not near the shoreline) what would the motion of the boat be?
Unilateral Contract
A contract in which one party makes a promise in exchange for an act performed by another party, with only the party making the promise being legally bound.
Sheriff's Office
A local law enforcement agency led by a sheriff, responsible for keeping peace, enforcing laws, and executing court orders.
Option Contract
A contract which grants the holder the right, but not the obligation, to buy or sell an asset at a specified price on or before a specified date.
Unilateral Contract
is a type of contract where only one party makes a promise or undertakes a performance obligation in exchange for an act by the other party, creating a binding agreement once the act is performed.
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