Insurance contracts are considered unilateral because only the insurance company (insurer) makes a promise under the contract. The insurer promises to pay a benefit upon the happening of a certain event, such as an auto accident, death, disability, etc...
Fly into the Tocumen International Airport (PTY) to explore the inviting Central American country, Panama. The airport is located just outside Panama City, and it is currently the busiest and largest airport in Central America.
In 1934 American Airways Company was acquired by E. L. Cord, who renamed it American Air Lines. Cord hired Texas businessman C. R. Smith to run the company. Smith worked with Donald Douglas to develop the DC-3, which American Airlines was first to fly, in 1936.