Mary runs an ad in the paper offering a $5 reward for the return of her lost dog, Sparky. Mary has made a promise to pay the person who performs the act of returning Sparky. This is a(n) _____ contract.
A) quasi
B) implied
C) bilateral
D) unilateral

Question

Quizplus · Accepted Answer

In a unilateral contract, only one of the parties makes a promise. The other party performs an act in exchange for that promise. For example, Mary runs an ad in the paper offering a $5 reward for the return of her lost dog, Sparky. Mary has made a promise to pay the person who performs the act of returning Sparky. This is a unilateral contract.

Mary Runs an Ad in the Paper Offering a $5