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.
PanAmâs China Clipper. The Pan American Airways flight that took off on Nov. 22, 1935, was the first regularly scheduled flight across the oceans of the world. It was hailed as the beginning of âa giant new age,â and the Martin 130 seaplane named China Clipper was called âthe greatest airplane ever built in America.â.