When the performance of the obligation of each party is correlative to the performance of the other this is called a (an):

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24-01-2022
Social Studies

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When the performance of the obligation of each party is correlative to the performance of the other this is called a (an):

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vanesszatanka vanesszatanka · Answer 1 · 2022-01-24T22:56:26+01:00

vanesszatanka vanesszatanka

24-01-2022

A bilateral or synallagmatic contract

is one in which the parties obligate themselves reciprocally. The obligation of each is correlative to the obligation of the other. contract is when each party obtains an advantage in exchange for his obligation.

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