Answer:A bilateral executory contract
Explanation:A bilateral executory contract is a contract that binds parties legally to carry our a certain performance at an agreed upon date in the future , if this performance is not carried out then the contract is not fulfilled. An example is a joint venture
This type of contract is more common in personal contracts and most businesses.
The promise you make to carry out a particular action for another person is a bilateral contract an agreement between two parties .
What is a unilateral contract?
This is a contract in which an individual promises to carry out an action only an individual no two parties involved.