What are the three elements to a contract? What is the difference between a bilateral and a unilateral contract?© BrainMass Inc. brainmass.com June 3, 2020, 10:08 pm ad1c9bdddf
Sometimes the list is longer than three because it is subdivided (offer and acceptance are 2 elements), but the basics are:
1. Agreement including an offer and an acceptance
2. Consideration ...
The cited solution lists the three common elements of a contract, and explains the difference between bilateral and unilateral contracts with examples.