Demi buys a lottery ticket. The ticket has the winning numbers for a prize. She submits the ticket to claim the prize. Demi accepted an offer for
A)a bilateral contract.
B)a unilateral contract.
C)a quasi contract.
D)an unenforceable contract.

Question

Quizplus · Accepted Answer

Demi's action of submitting the lottery ticket to claim the prize is an acceptance of a unilateral contract. In a unilateral contract, one party makes a promise in exchange for the performance of a specified act by the other party. Here, the lottery organizers promise a prize for whoever holds the winning ticket, and Demi's act of submitting the ticket is her performance of the specified act.

Demi Buys a Lottery Ticket