The basic distinction between a bilateral contract and a unilateral contract is that
A)only one promise is involved in a bilateral contract.
B)only one promise is involved in a unilateral contract.
C)the Statute of Frauds applies to one and not the other.
D)one is enforceable, the other is not.

Question

Quizplus · Accepted Answer

A unilateral contract involves only one promise, where one party promises something in return for the act of the other party.

The Basic Distinction Between a Bilateral Contract and a Unilateral