Contracts may be bilateral or unilateral. In the case of a bilateral contract, each of the parties makes a promise to the other party, while in the case of a unilateral contract; only one party to the contract makes a promise.
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Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and procurement consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.