On Monday, Neil tells Outdoor Landscaping, Inc., that he will pay Outdoor $500 if a variety of tasks are completed by Friday.On Wednesday, Outdoor is more than half done with the work.This is

Question

Quizplus · Accepted Answer

This is a unilateral contract as Neil's promise to pay is made in exchange for the completion of a specific set of tasks by Outdoor. The moment Outdoor starts performing the tasks, the contract is formed and Neil is obligated to pay upon completion. The fact that a "variety of tasks" is required does not make it an informal contract, as long as the tasks are specific and objectively determinable.

On Monday, Neil Tells Outdoor Landscaping, Inc