In a Bilateral Contract, Each Party Will Be a Promisor

question 4

Multiple Choice

In a bilateral contract, each party will be a promisor and, therefore, each party will:

• A) be an obligor.
• B) be able to avoid the contract.
• C) not be in privity of contract.
• D) be an agent for the other side.

---

Definitions:

Fall Asleep

The process by which individuals transition from wakefulness to sleep, involving physiological and neurological changes.

Encoding Failure

The inability to recall specific information because it was not encoded into long-term memory.

Sights and Sounds

The visual and auditory stimuli that are experienced by an organism or detected through its sensory systems.

Consciously Attend

The deliberate focus of attention or awareness on specific stimuli or events in the environment.