unilateral contract

Definition of "unilateral contract"
  1. A deal where one party promises a reward in return for an action, if the receiving party decides to perform the action
How to use "unilateral contract" in a sentence
  1. His promise of a cash reward for completing his garden was a unilateral contract.
  2. The posted reward for lost property functions as a unilateral contract.
  3. The company's job offer, contingent on the prospective employee passing medical exams, is a unilateral contract.

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