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| Topic: |
Business
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| Number of pages / Number of words: |
6 / 1503 |
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Some other examples of invitations to treat are advertisement, catalogues and brochures, company prospectuses and auctions (Keenan, 2002).
A contract can be ?Unilateral' or Bilateral'. Most contracts are bilateral. This means that a party promises to do something if the other party promises to do something in return...
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For example A might offer some Bananas for 50p and B accepts this, A must provide the Bananas and B must pay the 50p. Then you have the unilateral contract, this is an agreement to pay in exchange for performance, if the potential performer chooses to act. An example of this would be a reward for a lost pet...
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