Peter offers to pay Quik Delivery (QD)$50 if it picks up and delivers to him a package from Rico within 30 minutes.QD can accept the offer only by meeting the deadline.If QD performs as directed,these parties will have
A)a bilateral contract.
B)a trilateral contract.
C)a unilateral contract.
D)no contract.

Question

Quizplus · Accepted Answer

This is a unilateral contract where only one party (QD) is obligated to perform. Peter offers to pay $50 if QD picks up and delivers the package within 30 minutes. If QD performs as directed, Peter is obligated to pay the $50, but if QD fails to meet the deadline, there is no contract and no obligation for Peter to pay.

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