Definition and Citations:
1. Contract where one party makes another party an offer to perform an act and assent is promised by performing the act. 2. Contract where one party has an enforceable obligation.
Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.
1. Contract where one party makes another party an offer to perform an act and assent is promised by performing the act. 2. Contract where one party has an enforceable obligation.