Multiple choice

An example of a unilateral contract

  1. Home buyer pays for house, seller gives buyer title to house

  2. Party A finds a lost dog and earns reward from party B

  3. A student agrees to pay a teacher to earn an A

  4. Part A pays reward for winning a drag race on city street

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Finding a lost dog in exchange for a reward is a classic unilateral contract because the contract is formed only when the requested act (finding the dog) is fully performed. The offeror promises a reward, but no one is obligated to search for the dog.