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Sukhraj Hayer
on Nov 01, 2024

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Henrietta offers a $500 reward for the return of Fifi,her lost dog.Silas finds and returns the dog.This is an example of a(n) :

A) bilateral contract.
B) unilateral contract.
C) quasi-contract.
D) unenforceable contract.

Unilateral Contract

A contract where one party makes a promise in exchange for an act by another party.

Bilateral Contract

An agreement involving two parties where each side has made a promise to the other.

Quasi-Contract

An obligation imposed by law in the absence of a formal contract to prevent unjust enrichment.

  • Discriminate between different kinds of contracts, namely bilateral, unilateral, express, implied-in-fact, and quasi-contracts.
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CK
Chloe KhodarNov 08, 2024
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