Real estate contracts are typically bilateral contracts ( i . e ., agreed to by two parties ) and should have the legal requirements specified by contract law in general and should also be "'in writing "'to be enforceable.
22.
For making up the daily schedule, TSOs may consider their own power production means, if they have any, and / or they can purchase power generation from Independent Power Producers ( IPPs ) and utilities, via bilateral contracts or electricity pools.
23.
In common law jurisdictions, it is roughly the equivalent of a bilateral contract and may be contrasted with a gift ( as such a relationship is not one of contract ) or a unilateral contract in which only one party makes an enforceable promise.
24.
An "'unfunded credit derivative "'is a bilateral contract between two counterparties, where each party is responsible for making its payments under the contract ( i . e ., payments of premiums and any cash or physical settlement amount ) itself without recourse to other assets.
25.
Enron traded in energy U . S . Supreme Court had ruled " that FERC has had the authority to negate bilateral contracts if it finds that the prices, terms or conditions of those contracts are unjust or unreasonable . " Nevada was the first state to attempt recovery of such contract losses.
