unilateral contract is a one-sided contract wherein one party makes a promise so as to induce a second party to do something. The second party is not legally bound to perform; however, if the second party does comply, the first party is obligated to keep the promise.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). unilateral contract. Retrieved September 26, 2026, from http://smartdefine.org/unilateral_contract/definitions/1165917 |
| Chicago | Barry Goldsmith. 2010. "unilateral contract" http://smartdefine.org/unilateral_contract/definitions/1165917 (accessed September 26, 2026). |
| Harvard | Barry Goldsmith 2010, unilateral contract, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/unilateral_contract/definitions/1165917>. |
| MLA | Barry Goldsmith. "unilateral contract" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/unilateral_contract/definitions/1165917> |