Asked by
Isaac Weidler
on Nov 29, 2024Verified
Bob promises to sell to Candy an automobile for $20,000, for which Candy promises $20,000. A unilateral contract exists.
Unilateral Contract
A contract in which one party makes a promise in exchange for the other party's act, rather than a promise in return.
- Discriminate between unilateral and bilateral contracts.
Verified Answer
SA
Learning Objectives
- Discriminate between unilateral and bilateral contracts.