Wilson buys a lottery ticket at his local gas station.Wilson has accepted an offer for a
A)bilateral contract.
B)unilateral contract.
C)void contract.
D)unenforceable contract.

Question

Quizplus · Accepted Answer

Wilson has accepted an offer for a unilateral contract because the lottery ticket is an offer made by the lottery company for a contract where the acceptance is the act of buying the ticket and the consideration is the payment for the ticket. The contract is unilateral because the lottery company is promising to give a prize in exchange for the act of buying the ticket and no further action is required from Wilson to receive the prize if he wins.

Wilson Buys a Lottery Ticket at His Local Gas Station