Question

Difference between unilateral and bilateral elements

Answer 1

There are two types of contracts: a unilateral contract and a bilateral contract. The essential difference between the two is in the parties. Unilateral contracts involve only promisor while bilateral contracts involve both a promisor and a promisee.

Answer 2

Bilateral Element: Conduction of current in both directions in an element (example: Resistance; Inductance; Capacitance) with same magnitude is termed as bilateral element. Unilateral Element: Conduction of current in one direction is termed as unilateral (example: Diode, Transistor) element.