Unilateral contract insurance policy
Unilateral contracts are also enforceable in court, even though legal situations cannot arise until a party claims to finish a certain task. Because a unilateral contract has no validity until one party completes a task, legal contestation usually takes the form of the giving party not paying the agreed sum. Insurance contracts are unilateral, meaning that only the insurer makes legally enforceable promises in the contract. Intentional withholding of material facts that would affect an insurance policy's validity is called a(n)