Comparative law notes
that creates reciprocal obligations for both of the parties to the contract
There are multiple definitions - click on the translation that matches your context.
- contrato bilateral
- contrato sinalagmático
bilateral contract means:
- bilateral contract
- synallagmatic contract
- reciprocal contract
contrato bilateral means:
contrato bilateral
full
bilateral contract
noun
Definitions of bilateral contract
an agreement in which both parties have promised to do something
We introduce a model in which firms trade goods via bilateral contracts which specify a buyer, a seller, and the terms of the exchange.