Suppose Mary, the owner of the Chic Dress Shop, says to Peter, a painter, "If you promise to paint my store by July 1, I will pay you $3,000." Peter says, "I promise to do so." A _____ was created at the moment Peter promised to paint the dress shop.

Explanation: In simple words, bilateral contract refers to an agreement under which two individual parties agree to satisfy the obligations of performing a specific activity.

In the given case, Peter promises to paint the store of Mary and Mary promises to pay him $3000.

Hence from the above we can conclude that the given case illustrates bilateral contract.

Answer Link

Suppose​ Mary, the owner of the Chic Dress​ Shop, says to​ Peter, a​ painter, "If you promise to paint my store by July​ 1, I will pay you​ $3,000." Peter​ says, "I promise to do​ so." A​ _____ was created at the moment Peter promised to paint the dress shop.

Respuesta :

Otras preguntas

Suppose Mary, the owner of the Chic Dress Shop, says to Peter, a painter, "If you promise to paint my store by July 1, I will pay you $3,000." Peter says, "I promise to do so." A _____ was created at the moment Peter promised to paint the dress shop.