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Blau disagreed with Simmel's idea that exchange relations contained the purest and most concentrated form of all human interactions.
Forbear
To refrain from enforcing a right or claim, or to abstain from doing something.
Unilateral Contract
A contract in which one party makes a promise in exchange for the other party's performance, rather than a promise in return.
Prior Unenforceable Obligations
Refers to commitments or agreements that were not legally binding or couldn't be enforced due to certain conditions or deficiencies in their formation.
Consideration
Something of value (such as goods, services, money, or a promise) exchanged between parties in a contract.
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