Question

Red offers to pay Sara to deliver certain documents within thirty minutes. Sara can accept the offer only by completing the task within the deadline. If she does, Red and Sara will have Group of answer choices a bilateral contract. a unilateral contract. a void contract. an executive contract.

Answer 1

B) A unilateral contract.

What exactly is a unilateral contract?

In contrast to the more typical bilateral contract, a unilateral contract is a sort of agreement where one party (also known as the offeror) makes an offer to another individual, business, or the general public. The offeree must carry out the act or provide the service specified in the agreement in order to get what the offeror promised.

While there are no promises made in a unilateral contract, there are fixed agreements and commitments between two parties in a bilateral contract. Instead, the offeror asks the offeree to fulfill a request, execute an act, or render a service.

What do you need to understand about unilateral contracts?

Although only one party is making a pledge in a unilateral agreement, it is nonetheless legally binding.

A task must be completed in order to accept a unilateral contract.

The unilateral agreement's act is not required to be carried out by the offeree.

Learn more about unilateral contracts with the help of the given link:

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