Paige offers to pay Quik Delivery (QD) $50 if it picks up and delivers to her a package of business documents from Rico within 30 minutes. QD can accept the offer only by meeting the deadline. If QD performs as directed, these parties will have

Question

Paige offers to pay Quik Delivery (QD) $50 if it picks up and delivers to her a package of business documents from Rico within 30 minutes. QD can accept the offer only by meeting the deadline. If QD performs as directed, these parties will have​

Quizplus · Accepted Answer

A unilateral contract is formed when one party makes a promise in exchange for the other party's performance. Here, Paige's offer can only be accepted by QD's performance (picking up and delivering the package within 30 minutes), making it a unilateral contract.

Paige Offers to Pay Quik Delivery (QD) $50 If It