Which of the Following Is Most Likely to Be a Unilateral

question 21

Multiple Choice

Which of the following is most likely to be a unilateral contract?

• A) Gift of an engagement ring
• B) Offer of a reward
• C) Purchase at a retail store
• D) Promise to make a gift

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Definitions:

Actual Inflation

The real-time increase in the general price level of goods and services in an economy over a period of time.

Samuelson And Solow

Economists Paul Samuelson and Robert Solow, known for their contributions to welfare economics, public finance, and economic growth theories.

Phillips Curve

A curve that shows the short-run trade-off between inflation and unemployment.

Economic Outcomes

The results or consequences of economic activities and decisions on an individual, regional, or global level, including factors like growth, employment, and wealth distribution.