Open Ontologies

ONTOLOGY EXPLORER

unilateral contract

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<https://spec.edmcouncil.org/fibo/ontology/FND/Agreements/Contracts/UnilateralContract>

プロパティと値

プロパティ値
typeClass
label"unilateral contract"
subClassOfWrittenContract
subClassOf_:c14n596
definition"contract in which one party makes an offer that can only be accepted through performance rather than a return promise"
explanatoryNote"In a unilateral, or one-sided, contract, one party, known as the offeror, makes a promise in exchange for an act (or abstention from acting) by another party, known as the offeree. If the offeree acts on the offeror's promise, the offeror is legally obligated to fulfill the contract, but an offeree cannot be forced to act (or not act), because no return promise has been made to the offeror. After an offeree has performed, only one enforceable promise exists, that of the offeror."

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