Most business contracts are bilateral because they are enforceable before the other party performs because
A) One party does not have to wait to see if the other person will breach the agreement before taking action.
B) Unilateral contracts are illegal.
C) It makes lawsuits much quicker.
D) The Uniform Commercial Code states that bilateral contracts are preferred in the business world.

Question

Quizplus · Accepted Answer

Bilateral contracts involve promises made by both parties, allowing either party to seek enforcement if the other fails to perform, without waiting for a breach to occur.

Most Business Contracts Are Bilateral Because They Are Enforceable Before