Sam placed an announcement in the newspaper as follows: "$200 reward for the return of two lost Siamese kittens." Joe read the ad, found the kittens, and returned them. This is an example of which of the following?
A) Unilateral contract
B) Gratuitous promise
C) Bilateral contract
D) Offer
E) Invitation to treat

Question

Quizplus · Accepted Answer

This is an example of a unilateral contract, where Sam made a promise to pay $200 in exchange for the performance of returning the kittens. Joe accepted the offer by performing the act of returning the kittens.

Sam Placed an Announcement in the Newspaper as Follows: "$200