Which of the following was involved when the government, in attempting to help AIG, agreed to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock?

A) An accord and satisfaction
B) An accord but not a satisfaction
C) A unilateral contract
D) A bilateral contract
E) An unliquidated contract

Bilateral Contract

A legal agreement in which both parties make promises to perform certain actions or obligations.

Unilateral Contract

An agreement where one party makes a promise in exchange for an act by another party, becoming binding once the act is performed.

AIG

American International Group, Inc., a multinational finance and insurance corporation with operations in more than 80 countries and jurisdictions.