Ask Question
BusinessBusiness
6 November, 03:18

In a unilateral contract, the consideration for a promise is

+5
Answers (1)
  1. 6 November, 06:24
    0
    In a unilateral contract, the consideration for a promise is an action.

    A unilateral contract is a legally binding agreement that voluntarily made by two parties. Usually made whenever one party is paying another party to do some sort of job/tasks. The contract is made to make sure that both parties keep their promise made in the agreement.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “In a unilateral contract, the consideration for a promise is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The bureau of labor statistics has several measures of joblessness in addition to the official unemployment rate. one alternative is the u-4 measure of labor underutilization, which is calculated as follows
Answers (1)
Which statement best explains paying in cash to cover the costs of an education? It requires the use of savings. It requires repayment with interest. It involves completing an application. It is based on need or achievement.
Answers (1)
If a check written by a firm is not canceled by the bank and returned with the month's bank statement, the firm should: Multiple Choice A. make no adjustment when preparing the bank reconciliation. B.
Answers (1)
Based on the following data for the current year, what is the number of days' sales in accounts receivable?
Answers (1)
To find the balance due from an individual customer, the accountant would refer to
Answers (1)
New Questions in Business
Rexeleg Company manufactures a product with the following costs per unit at the expected production of 40,000 units: Direct materials $5 Direct labor 10 Variable overhead 7 Fixed overhead 9 The company has the capacity to produce 50,000 units.
Answers (1)
Here are selected data for sally day corporation: beginning raw materials inventory $37,000 beginning work in process inventory 61,500 beginning finished goods inventory 56,300 cost of materials purchased 151,000 cost of direct materials
Answers (1)
How to find out how much your social security will be?
Answers (1)
John is a young entrepreneur. He wants to insure his business. Why does he prefer an online insurance application facility?
Answers (1)
Oriole Inc. reported total assets of $2407000 and net income of $324000 for the current year. Oriole determined that inventory was overstated by $25500 at the beginning of the year (this was not corrected).
Answers (1)
Home » Business » In a unilateral contract, the consideration for a promise is
Sign Up Forgot Password?