A unilateral contract is discharged by performance when
A)performance is genuinely attempted by both parties even if one party's performance is incomplete.
B)a term of the contract specifies an event that must occur before the contract will proceed and that event does not occur.
C)both parties attempt tender of performance.
D)both parties perform all their obligations under the contract.
E)an act of God occurs after the contract is entered into.

Question

Quizplus · Accepted Answer

In a unilateral contract, the offeror promises to pay or provide something in return for the offeree's performance of a specific act. The contract is discharged by performance when the offeree performs all their obligations under the contract. In this case, both parties perform all their obligations under the contract, meaning the offeror must fulfill their promise to pay or provide something to the offeree.

A Unilateral Contract Is Discharged by Performance When