Asked by
Katie Schmitz
on Dec 16, 2024Verified
An ad in the morning paper read: "Brand new Spartan 6s smartphone $349. No payment until January. We make your first payment." This is an example of which of the following?
A) Invitation to treat
B) Offer
C) Gratuitous promise
D) Bilateral contract
E) Unilateral contract
Unilateral Contract
A contract in which one party makes a promise in exchange for the other party's performance, rather than a promise in return.
- Discriminate between legal proposals, calls to bargain, and the distinctions of unilateral and bilateral contracts.
- Gain an understanding of the significance of electronic communications within contract law and the authenticity of contracts created through electronic means.
Verified Answer
DP
Learning Objectives
- Discriminate between legal proposals, calls to bargain, and the distinctions of unilateral and bilateral contracts.
- Gain an understanding of the significance of electronic communications within contract law and the authenticity of contracts created through electronic means.