Question: A(n) ________ contract is commonly defined as a promise in exchange for a promise. In a(n) ________ contract, the person making the offer wants a

A(n) ________ contract is commonly defined as a promise in exchange for a promise. In a(n) ________ contract, the person making the offer wants a performance to form the contract.

Question 6 options:

a)

executed, executory

b)

executory, executed

c)

bilateral, unilateral

d)

unilateral, bilateral

e)

None of the above

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!