Calvin tells Sara that he will sell her his car for $5,000.Sara agrees.The exchange is to take place in 10 days.The contract between Calvin and Sara is now:
A)unilateral,executory,and valid.
B)bilateral,executed,and voidable.
C)bilateral,executory,and express.
D)bilateral,executory,and implied.

Question

Quizplus · Accepted Answer

The contract is bilateral because both parties have accepted it,executory because it is yet to take place,and express because it was orally agreed on.

Calvin Tells Sara That He Will Sell Her His Car