Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. What's this agreement called?

Question

Business

Answered

Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. What's this agreement called?

Sagot :

ID Other Questions

What Number Multiplies To ___ But Adds To ___? 1.) Multiplies To -60 But Adds To 4. 2.) Multiplies To 40 But Adds To 3.

What Was The Result Of The Crusades Opening Travel To The Near East And Bringing Back New Goods? Trade To Western Europe Grew. Interest For New Trade Routes Dec

Strong Language Often Means What

Public Domain What Was One Negative Effect Of Posters Like This One? Americans Began To Find Japanese Americans Funny Rather Than Threatening. Japanese American

What Two Oceans Touch Australia?

How Do Get To School Quicker

How Were Minorities At A Disadvantage During The Great Depression

Strong Language Often Means What

What Influenced The Development Of Byzantine Art And Architecture? A. Russian Religious Art Was The Major Influence On Byzantine Art. B. Egyptian And Indian Art

Recognition Of The Rights Of An Individual To His Or Her Own Opinions And Customs Is: Intoleration Discrimination Toleration

Kanikabajaj294id Kanikabajaj294id · Answer 1

Fiona signed an agreement to either buy or not buy nick’s vacant lot for $310,000 by a specific date. This agreement is called a bilateral contract.

What is bilateral contact?

A bilateral contract is a contract which is made between two parties. Under this contract, both parties make promises to each other on the terms and conditions. In this contract, the promise of one party turns into a consideration of the other party. It is the most common kind of contract which is binding in nature.

Fiona signed a contract promising to either purchase Nick's vacant lot for $310,000 by a certain date or not. It's referred to as a bilateral contract.

Learn more about the bilateral contracts from here:

https://brainly.com/question/14527253

#SPJ1