Which of the following was involved when the government,in attempting to help AIG,agreed to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock?
A)An accord but not a satisfaction
B)An accord and satisfaction
C)A bilateral contract
D)An unliquidated contract
E)A unilateral contract

Question

Quizplus · Accepted Answer

A)An example of a bilateral contract,or a promise for a promise,occurred when the
U.S.government agreed to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock.
B)An example of a bilateral contract,or a promise for a promise,occurred when the
U.S.government agreed to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock.
C)An example of a bilateral contract,or a promise for a promise,occurred when the
U.S.government agreed to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock.
D)An example of a bilateral contract,or a promise for a promise,occurred when the
U.S.government agreed to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock.
E)An example of a bilateral contract,or a promise for a promise,occurred when the
U.S.government agreed to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock.

Which of the Following Was Involved When the Government,in Attempting