Examlex
The amount of retained earnings appearing on Norris Company's December 31, 2013 balance sheet is:
Unilateral Contract
A contractual agreement in which one party makes a promise in return for an act by another party.
Offeror
The offeror is the party in a contract who presents the terms of the offer to another party for acceptance, potentially leading to an agreement.
Performance
In legal terms, performance refers to the act of completing the duties or fulfilling the obligations specified in a contract.
Binding Contract
A legally enforceable agreement between two or more parties that is bound by law.
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