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Contract and Agreement for 13cm0061 Dredging of Mouth Bb DPWH  Form

Contract and Agreement for 13cm0061 Dredging of Mouth Bb DPWH Form

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Instructions and help about Contract And Agreement For 13cm0061 Dredging Of Mouth Bb DPWH

In this video, we're going to discuss (and distinguish) bilateral and unilateral contracts. So let's start with a bilateral contract. In a bilateral contract, the offeror is going to make a promise and she's going to get a promise in return from the offeree. So let's say we have Patty and David outside of Patty's house. And Patty makes a promise. She promises David that she'll pay him $100. But in return for her promise, she wants David to make a promise. So David promises in return that he'll paint Patty's fence. Good job Patty and David! You now have a bilateral contract. David's promise to paint a fence, and Patty's promise to pay money. So in our bilateral contract, we have parties making promises to each other. But let's say instead of 2 promises, we only have one promise. Patty said if you paint the fence I promise to pay you $100. So at this point Patty has made a promise to pay. But David has promised nothing. And actually Patty doesn't even want a promise from David, David acc

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