BMGT 380 Lecture Notes - Lecture 29: Online Copyright Infringement Liability Limitation Act, Multiple Choice, Arbitration Clause

• School: University of Maryland
• Department: Business and Management
• Course: BMGT 380
• Professor: Gideon Mark

Document Summary

If it took much longer, then it is not: 6 issues dealing with acceptances, 1. How do you accept where it is a unilateral contract: unilateral: party a makes a promise to party b, but party b isn"t making a return promise. Party b accepts by doing whatever it is party a wants you to do (do performance that party a wants from you: 2. How do you accept where there is a bilateral contract: bilateral: a makes a promise to b and b makes a promise to a. If you are party b, you make the promise a is requesting of you: e. g. I will buy your condo for 700k: 3. Silence: what if party a makes an offer and then there is silence from party. B: e. g. selling laptop and tell party b you will sell laptop for.