Windsor, the owner of Windsor's Sandwiches contacts a new supplier Gary. He tells Gary that he will pay him $375 if Gary delivers 20 pounds of cheese the following morning. Gary promises to make the delivery as requested by Windsor. This creates a ________ contract between them.

Question

Quizplus · Accepted Answer

A bilateral contract is created when both parties exchange promises to perform an action. In this scenario, Windsor promises to pay Gary if he delivers the cheese, and Gary promises to deliver the cheese. Therefore, a bilateral contract is formed between them. Unilateral contracts are formed when one person makes a promise in exchange for the other person's performance, which is not applicable here. An executory contract refers to a contract that is not yet fully performed by both parties, which cannot be determined based on the given information. An implied-in-law contract is a legal fiction used by courts to prevent one party from being unjustly enriched at the expense of another, which is also not applicable here.

Windsor, the Owner of Windsor's Sandwiches Contacts a New Supplier