Multiple Choice
In a bilateral contract, each party will be a promisor and, therefore, each party will:
A) be an obligor.
B) be able to avoid the contract.
C) not be in privity of contract.
D) be an agent for the other side.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: An option contract gives one of the
Q2: When a contract sets a price for
Q3: Louise owned a house next to Robert's
Q5: A right of _ refusal is the
Q6: The Martin family owned a home that
Q7: The law requires parties to be fair
Q8: The promisor in a contract may also
Q9: A void contract is one that is
Q10: The effect of an implied contract is
Q11: A bilateral contract is essentially an exchange