Yes, there is. A unilateral contract is a contract for which performance of
a condition constitutes acceptance. "Unilateral" refers not to the number
of parties involved, but rather o the fact that once the offer is out there,
the vendor (or offeror) has ceased to have legal discretion in the matter -
if it is accepted, a binding contract crystallizes. There is ample
jurisprudence in English, Canadian, and US jurisdictions dealing with the
subject.
-----Original Message-----
From: [EMAIL PROTECTED]
[mailto:[EMAIL PROTECTED]]On Behalf Of Tom Rittenhouse
Sent: April 23, 2001 8:44 PM
To: [EMAIL PROTECTED]
Subject: Re: Or Best Offer: a misleading--and dishonest--phrase
AFAIK there is no such thing as a unilateral contract. Two
or more parties have to come to an agreement before there is
a contract in effect, at least under English common law
which pretty much applies in most English speaking
countries.
--Tom
Frank Theriault wrote:
> Trying to remember what little I know of Contract Law, it seems to me that
the
> vendor is extending a Unilateral Contract to the world.
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