Peter offers to pay Quik Delivery (QD)$50 if it picks up and delivers to him a package of business documents from Rico within 30 minutes. QD can ac-cept the offer only by meeting the deadline. If QD performs as directed,these parties will have
A)a bilateral contract.
B)a trilateral contract.
C)a unilateral contract.
D)no contract.

Question

Quizplus · Accepted Answer

This is a unilateral contract because Peter is promising to pay if QD performs a specific action (picking up and delivering the package within 30 minutes). QD is not required to accept the offer or promise to perform, but if they do perform within the allotted timeframe, Peter is obligated to pay. There are no indications of multiple parties providing promises or obligations, so it is not a bilateral or trilateral contract.

Peter Offers to Pay Quik Delivery (QD)$50 If It Picks