Asked by Caleb Kissel on May 01, 2024
Verified
Abby promises to pay Brian $50 if he mows her lawn.Brian does not promise to mow Abby's lawn;however,later that day,Brian completely and satisfactorily mowed Abby's lawn.This is an example of a unilateral contract.
Unilateral Contract
A contract formed by an offer or a promise on one side for an act to be done on the other, and a doing of the act by the other by way of acceptance of the offer or promise; that is, a contract wherein the only acceptance of the offer that is necessary is the performance of the act.
- Identify and differentiate between unilateral and bilateral contracts.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
True
Explanation :
In unilateral contracts,only one party makes a promise.
Learning Objectives
- Identify and differentiate between unilateral and bilateral contracts.