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What is the difference between a bilateral contract and a unilateral covenant?

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A bilateral contract involves mutual agreements, while a unilateral covenant is a promise made by one party, without conditions for the other.

The distinction between bilateral contracts and unilateral covenants is fundamental in understanding biblical agreements. A bilateral contract requires an offer and acceptance from both parties, typically leading to a mutual exchange of value. In contrast, a unilateral covenant, like those found in Scripture, is established when one party makes a promise without requiring any reciprocal action from the other party. This is clearly reflected in God's covenant with Abraham, where the blessings promised are solely based on God's commitment. Understanding this difference highlights the nature of God's grace in salvation, which is not based on human conditions but on His sole initiative.
Scripture References: Galatians 3:15-18

Sermons (1)

Biblical Contracts
Tom Baker · Jul 21, 2013
Joshua

Joshua

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