Business Studies, asked by Chandumuramalla5314, 1 year ago

What do you mean by Bilateral Contract?

Answers

Answered by Anonymous
9

Answer:

A BILATERAL CONTRACT WE CAN SIMPLY CALL IT AS A PROMISE BETWEEN THE TWO PARTIES OR WE CAN SAY A BINDINING AGREEMENTS WITH ONE ANOTHER...

****THEIR ARE TWO PARTIES IN THIS OBLIGATION WHICH FULLFILL THEIR NEEDS RESPECTIVELY AND A PERTICULAR DEAL IS DONE WITH THEIR BOTH CONTRIBUTION

FOR EXAMPLE ....

A PERSON OFFERS THEIR SHOP FOR SAIL AND A BUYER GET READY TO BUY IT WITH HIS NEEDED AMOUNT LF MONEY....

BASICALLY THE BUISNESS CONTRACT ARE FALL TO AS IN BILATERAL CONTRACT CATEGORY...

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