Asked by
Flavia Ribas Schneider Machado
on Nov 10, 2024
Verified
Sam placed an announcement in the newspaper as follows: "$200 reward for the return of two lost Siamese kittens." Joe read the ad, found the kittens, and returned them. 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 binding agreement in which one party promises to do something in return for an act of the other party, rather than a promise.
- Identify the differences between legitimate proposals, invitations to offer, and unilateral versus bilateral contracts.
- Distinguish among various categories of commitments and accords within the realm of contractual duty.
Verified Answer
RK
Learning Objectives
- Identify the differences between legitimate proposals, invitations to offer, and unilateral versus bilateral contracts.
- Distinguish among various categories of commitments and accords within the realm of contractual duty.