In a Unilateral Contract,one Party's Consideration Is a Promise and the Other

question 12

True/False

In a unilateral contract,one party's consideration is a promise and the other party's consideration is an act.

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Definitions:

Confrontation

A direct encounter or dispute between individuals or groups over differing views, beliefs, or interests, potentially leading to a resolution or escalation of tensions.

Formal Style

A mode of communication or presentation that is structured, follows established conventions, and is often used in professional or official contexts.

Mutual Survival

Is the concept that individuals or entities work together in cooperation, recognizing that their interests are interdependent and that their long-term survival benefits from common efforts.

Distributive Negotiations

A negotiation method focused on dividing limited resources between parties, where any gain by one party is a loss for the other.