Question

Group Work CASE 2 Bilateral versus Unilateral Contracts. William Greene began working for Gran William Greene began working for Grant Building, Inc., in 1959. Greene allegedly agreed to work at a pay rate be allegedly agreed to work at a pay rate below union scale in exchange for a promise that Grant would employ him "for life.” In 1975, Oliver Realty, Inc., O e." In 1975, Oliver Realty, Inc., took over the management of Grant Building. Oliver Realty's president assured former uilding. Oliver Realty's president assured former Grant employees that existing employment contracts would be honored. During that same year, Greene exp terms of his agreement to an Oliver Realty supervisor. The supervisor stated that he would 10 natter but never got back to Greene. After twenty-four years of service, Greene was by the new owners of the business. Greene sued Oliver Realty for breach of a unilateral contract. (Greene v. Oliver Realty, Inc., 363 Pa.Super. 534, 526 A.2d 1192 (1987)). Answer the following question: 2- Discuss fully whether Greene and Oliver Realty had a unilateral contract. (2.5 marks)

Answer 1

ANSWER: The unilateral contract is formed when one party makes a promise in exchange for the other individual's performance or act. There is only one promise in unilateral contract. In Greene v. Oliver Realty, Inc a unilateral contract was formed, limiting right of employer to terminate at will; mutuality of obligation is irrelevant