Which of the following would be considered an offer to form a unilateral contract?
A)advertisement
B)auction without reserve
C)reward offer
D)auction with reserve

Question

Quizplus · Accepted Answer

A reward offer is an offer to form a unilateral contract. This is because the offeror is requesting performance from the offeree in exchange for a specific reward or prize. The offeree must perform the requested act in order to accept the offer and receive the reward. Advertisements and auctions without reserve are not offers to form contracts, but rather invitations to negotiate. Auctions with reserves are offers to form contracts, but they are bilateral contracts whereby the highest bidder is the offeror and the auctioneer is the offeree who may either accept or reject the offer.

Which of the Following Would Be Considered an Offer to Form