In a bilateral contract, each party will be a promisor and, ...

[Mr. Wonderful]

In a bilateral contract, each party will be a promisor and, therefore, each party will:
 A) be an obligor.
 B) be able to avoid the contract.
 C) not be in privity of contract.
 D) be an agent for the other side.

Question 2

An offer of a reward for the arrest and conviction of a criminal is an example of a:
 A) unilateral contract.
 B) bilateral contract.
 C) quasi contract.
 D) formal contract.

[ecox1012]

Answer to Question 1

A

Answer to Question 2

A