The Schalaefer Law Firm promises to pay $4000.00 a month for office space from Waymeier Properties for their promise to provide the space and all utilities. This is an example of a _____________ contract.
A) Unenforceable
B) Voidable
C) Bilateral
D) Unilateral

Question

Quizplus · Accepted Answer

This is an example of a bilateral contract because both parties are making a promise. The Schalaefer Law Firm promises to pay $4000.00 a month, and Waymeier Properties promises to provide office space and all utilities.

The Schalaefer Law Firm Promises to Pay $4000