Asked by
Elissa Kittle
on Nov 30, 2024
Verified
All contractual promises are absolute promises to perform.
Contractual Promises
Commitments made within a contract that are binding and enforceable by law, requiring parties to perform or refrain from certain actions.
Absolute Promises
Unconditional commitments made by one party to another, requiring full performance without contingencies or reliance on future events.
- Understand the distinctions and legal implications between bilateral contracts and unilateral contracts.
Verified Answer
HG
Learning Objectives
- Understand the distinctions and legal implications between bilateral contracts and unilateral contracts.