Mike is a house painter who orally offers to paint Betty's house for $2,000.00 by May 1^st.Betty orally promises to pay Mike $2,000.00 for the paint job if he completes it by May 1^st.This is a(n):

Question

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This is a bilateral contract because there is a mutual exchange of promises between Mike and Betty. Mike promises to paint the house, and Betty promises to pay $2,000.00 if he completes the job by May 1^st. The agreement is enforceable by law.

Mike Is a House Painter Who Orally Offers to Paint