Clay offers to pay Dorianne $50 for a golf lesson for Estee.They agree to meet the day after tomorrow to exchange the cash for the lesson.These parties have

Question

Quizplus · Accepted Answer

A bilateral contract is a legally binding agreement involving two parties, where each party makes a promise to the other. In this scenario, Clay offers to pay Dorianne $50 for the golf lesson, and she agrees to provide the lesson in exchange for the payment. Therefore, it is a bilateral contract because both parties have made promises to each other.

Clay Offers to Pay Dorianne $50 for a Golf Lesson