Asked by Aaron Ehsanipour on May 12, 2024
Verified
Mr.Green creates a unilateral contract with his nephew,Paul.Mr.Green promises to buy Paul a laptop if he gets accepted to college.In order for Paul to accept this contract what must he do?
A) Get accepted into college
B) Send a certified letter to Mr.Green agreeing to the terms of the contract
C) Immediately call and orally accept the terms of the contract with Mr.Green
D) Notify the Secretary of State's office that he accepts Mr.Green's contract
Unilateral Contract
A contract in which one party makes a promise in exchange for an act (not a promise) by the other party.
Accepted Into College
The act of being granted admission to a college or university program as a recognized student.
- Identify the differences among various contract forms, such as unilateral compared to bilateral.
Verified Answer
BN
Bruce NgumoMay 17, 2024
Final Answer :
A
Explanation :
A unilateral contract involves the exchange of a promise for an act.To accept an offer to enter such a contract,the offeree must perform the requested act.
Learning Objectives
- Identify the differences among various contract forms, such as unilateral compared to bilateral.