A contract is unilateral if the offeror's promise is answered with the offeree's promise of acceptance.

Name: A contract is unilateral if the offeror's promise is answered with the offeree's promise of acceptance.
Brand: Quizplus
Rating: 4.9 (39 reviews)

Question

Quizplus · Accepted Answer

A contract is bilateral if the offeror's promise is answered with the offeree's promise of acceptance. A unilateral contract involves a promise made by one party and an action taken by another party in response to that promise.

A Contract Is Unilateral If the Offeror's Promise Is Answered