The Iran-Contra Affair essentially involved a hiring Iranian militants to fight for the Contra cause in Central America. b selling arms to Iran in exchange for hostages and using the profits to illegally fund the Nicaraguan Contras. c selling arms to both sides in the Iran-Iraq War. d secretly recognizing the Iranian regime while claiming to be boycotting it. e using both Iranian and Nicaraguan Contra agents to help free American hostages in Lebanon.