Juno tells Liu she will give him her old car if he babysits her son Marc weekday evenings for six months. Liu agrees. Juno and Lee have formed

Question

Quizplus · Accepted Answer

This is a bilateral contract because it involves a promise for a promise. Juno promises to give her old car to Liu if Liu promises to babysit her son Marc weekday evenings for six months. Both parties have made promises to each other, which is characteristic of a bilateral contract.

Juno Tells Liu She Will Give Him Her Old Car