Which of the following was involved when the government,in attempting to help AIG,agreed with AIG to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock?
A) An accord and satisfaction
B) An accord but not a satisfaction
C) A unilateral contract
D) A bilateral contract
E) An unliquidated contract

Question

Quizplus · Accepted Answer

An example of a bilateral contract, or a promise for a promise, occurred when the U.S. government agreed to lend AIG up to $85 billion in exchange for nearly 80 percent of AIG's stock.

Which of the Following Was Involved When the Government,in Attempting