A Unilateral Contract Is Formed When a Promise Requires Acceptance

question 34

True/False

A unilateral contract is formed when a promise requires acceptance by performance.

---

Definitions:

Specific Learning Goal

A defined objective aimed at acquiring knowledge or a particular skill in a learning process.

Specific

Clearly defined or identified; precise and unambiguous.

Challenging Goals

Objectives that are ambitious and require substantial effort and planning to achieve, often motivating individuals or teams to improve their performance.

Equity Theory

A theory of motivation that suggests individuals are motivated by their perception of fairness in the distribution of rewards and resources.