In a Bilateral Contract, a Party Who Makes a Promise

question 5

True/False

In a bilateral contract, a party who makes a promise that benefits a third party is a promisor.

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Definitions:

Content Management System

A software application or set of related programs used to create and manage digital content, often utilized for web content and asset management.

Different Locations

Various geographic places or positions differing from one another.

Collaborative Writing

The process where multiple individuals contribute to the creation of a document or written content.

Project Goals

Specific objectives or outcomes that a project aims to achieve within a defined time frame.