An offeree can form a contract by simply making a promise if the offer to form a contract is:
A) bilateral.
B) unilateral.
C) trilateral.
D) quadrilateral.
E) multilateral.

Question

Quizplus · Accepted Answer

In a bilateral contract, both parties exchange promises, meaning that the offeree can form a contract by simply making a promise. In contrast, in a unilateral contract, the offeree must perform an act in order to accept the offer and form a contract. Trilateral, quadrilateral, and multilateral contracts involve more than two parties, so they are not relevant to this question. Therefore, the best choice is A) bilateral.

An Offeree Can Form a Contract by Simply Making a Promise