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Discuss the differences in a unilateral contract and a bilateral contract with examples

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Give an example of a unilateral contract, and a bilateral contract, and discuss how these two types of contracts differ.

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The cited solution presents the differences in the two types of contracts and then summarizes the differences in a clear, single sentence.

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Give an example of a unilateral contract, and a bilateral contract, and discuss how these two types of contracts differ. (300+ words)

UNILATERAL

For starters, Galludet.edu (n.d.) references that a "unilateral Contract is a contract in which only one party makes a promise. Acceptable alternative ways of describing a unilateral contract are:

* A contract in which there is a promise ...

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