Which of the following is an example of a unilateral contract?
A) Joe agrees to paint Sam's house for $500.
B) Joe pays $50 for groceries at a grocery store.
C) C returns a lost dog and claims the $50 reward.
D) Joe promises to give Harry his old boat when he gets his new one.
E) Sam orders a meal in a restaurant.

Question

Quizplus · Accepted Answer

In a unilateral contract, one party makes a promise in exchange for an act by another party. Option C is an example of a unilateral contract because the reward is offered to anyone who returns the lost dog, and the contract is completed when someone performs the act of returning the dog.

Which of the Following Is an Example of a Unilateral