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bilateral contract

/baɪˈlætərəl ˈkɒntrækt/

Traducción: Contrato jurídicamente vinculante entre dos partes en el que cada una asume una obligación o promesa frente a la otra, generalmente mediante un intercambio de prestaciones o contraprestaciones.

1 entrada

phrase

/baɪˈlætərəl ˈkɒntrækt/C1formallegal
  • esContrato jurídicamente vinculante entre dos partes en el que cada una asume una obligación o promesa frente a la otra, generalmente mediante un intercambio de prestaciones o contraprestaciones.

A legally binding agreement between two parties where each party makes a promise or undertakes an obligation to the other, typically involving an exchange of performances or considerations.

  1. Mutual agreementC1formal

    A legally binding agreement between two parties where each party makes a promise to the other.

    escontrato bilateral

    • In a bilateral contract, both parties are obligated to perform their promises.
    • The sale of the house was finalized with a bilateral contract.
    • A bilateral contract is different from a unilateral contract because it involves mutual promises.