The Basic Distinction Between a Bilateral Contract and a Unilateral

question 11

Multiple Choice

The basic distinction between a bilateral contract and a unilateral contract is that

• A)only one promise is involved in a bilateral contract.
• B)only one promise is involved in a unilateral contract.
• C)the Statute of Frauds applies to one and not the other.
• D)one is enforceable, the other is not.

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Definitions:

Assessment Methods

Techniques and tools used to evaluate, measure, and document the knowledge, skills, attitudes, and beliefs of an individual or group.

Normal Distribution

A statistical distribution where most observations cluster around the central peak and the probabilities for values further away from the mean taper off equally in both directions.

Scores

Numerical expressions resulting from the evaluation or measurement of something, often used for comparisons or assessments.

Personality Scales

Tools or instruments used to assess and measure individual personality characteristics and traits.