This morning I felt a lot calmer than I had the previous morning because I had gotten up much earlier than I had the day before. I got to FAMU and I was able to reread the chapter for Contracts and I felt like I would be pretty well prepared for the class.
In class we discussed several of the contracts cases we had read but we talked a lot about unilateral and bilateral contracts. Bilateral contracts are where both parties promise to do something in the future. Unilateral contracts are where one party will promise the other party compensation after completion of the task. An example of this would be if I offered you $5 to walk across the Brooklyn Bridge and you would not be able to collect the money until after you have walked across the whole bridge. I am then obligated to pay you.
That would end today’s legal lesson, I guess. If you liked this post (or others) feel free to unilaterally click on the donate button on the site — funds go to paying off my student loans.