unilateral contract
[/ˌjuːnɪˈlætərəl ˈkɒntrækt/]
nounpl: unilateral contracts
contrato unilateral
1. A contract in which only one party makes a binding promise or commitment, while the other party is not obligated to perform any duty unless and until they accept the offer by performing the requested act
A reward offer is a classic example of a unilateral contract: the company promises to pay $1,000 to anyone who finds and returns their lost dog, but no one is obligated to search for it.
Uma oferta de recompensa é um exemplo clássico de contrato unilateral: a empresa promete pagar R$ 1.000 para quem encontrar e devolver seu cachorro perdido, mas ninguém é obrigado a procurá-lo.
2. In contract law, an agreement where acceptance occurs through performance of the requested action rather than through a return promise
The insurance company entered into a unilateral contract where they promised to pay benefits upon the occurrence of the insured event.
A seguradora firmou um contrato unilateral onde se comprometeu a pagar benefícios quando ocorresse o evento segurado.
In both U.S. and Brazilian legal systems, unilateral contracts are important in understanding contract formation. They are particularly common in reward offers, insurance policies, and option contracts. In Brazil, the distinction between unilateral and bilateral contracts is fundamental to civil law principles, and courts carefully analyze the intent of parties to determine contract type, which affects rights and obligations.
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